3 E Network Announces the Signing of Land Lease Agreement with City of Mikkeli, Finland
HONG KONG, Jan. 12, 2026 (GLOBE NEWSWIRE) — 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3 E Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider with the inspiration to become a next-generation artificial intelligence (“AI”) infrastructure solutions provider, today announced that its wholly-owned Finnish subsidiary, Aurora Core Technology Oy, has entered into a 30-year land lease agreement with the City of Mikkeli for a designated data center development site in the Pellosniemi industrial area of Mikkeli, Finland, covering approximately 101,071 square meters.
Dr. Tingjun Yang (right), CEO of 3 E Network, signing the land lease agreement with representatives of the City of Mikkeli (left).
Following the previously announced Master Services Agreement with Orka Technologies Oy (“Orka Technologies”) to co-develop AI infrastructure, this new Agreement secures a designated parcel of land located at Karsikkoniemenkuja in the Pellosniemi industrial area of Mikkeli. The total site covers approximately 101,071 square meters. The lease term spans three decades, providing a stable foundation for Aurora Core to construct the planned data center and related equipment in accordance with applicable local detailed plan regulations.
This substantial land lease is specifically earmarked for the construction of the AI Data Center project referenced in the Company’s December 15, 2025 announcement. Securing this site marks a critical step that moves the project from the strategic planning phase into tangible development. The Company views this long-term commitment as the physical bedrock for its future in AI infrastructure, demonstrating a concrete vision for the European market. The Mikkeli site was strategically selected due to its robust power infrastructure, favorable climate for energy-efficient cooling, and strong local government support facilitated by Orka Technologies’ expertise. The Pellosniemi industrial area provides the ideal scale and power to meet the massive computing demands of next-generation AI applications.
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3 E Network Announces the Signing of Land Lease Agreement with City of Mikkeli, Finland, source
