SCA stock gains as data-center plans highlight new growth avenue

Published on 09/21/2026 at 12:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCA stock edges higher on September 21, 2026 as management highlights growing opportunities to lease land and supply power to energy-intensive data centers in northern Sweden. The forestry group also continues to benefit from low electricity prices and access to renewable energy in the region.

Fotorealistische Waldlandschaft mit Holzernte-Maschine und gestapelten Baumstämmen bei Sonnenaufgang — Fotorealistisches Waldmotiv zeigt Svenska Cellulosa AB SCA (SE0000112724) mit Holzernte in nordischer Forstlandschaft bei Sonnenaufgang, Illustration mit AI erstellt.

SVENSKA CELLULOSA AKTIEBOLAGET SCA stock (ISIN SE0000112724) is trading slightly higher on September 21, 2026 as the Swedish forestry group outlines expanding opportunities to lease land and supply power to energy-intensive data centers in northern Sweden, a potential new growth avenue tied to the boom in artificial intelligence.

Data-center demand opens new revenue streams

As Zonebourse reports on September 21, 2026, SCA and peer Holmen see growing business opportunities as rising use of artificial intelligence drives demand for data centers and electricity in northern Sweden.

According to Zonebourse, Holmen is already working on two to three data-center projects that have progressed well, with each artificial-intelligence-focused facility estimated to require about 100 to 150 hectares of land, highlighting the scale of potential land transactions and power purchase agreements in the region.

SCA prefers leasing land and long-term power contracts

Per the same report from Zonebourse, SCA confirms it has received inquiries related to data-center projects and, together with Holmen, has mapped sites where electro-intensive activities can be connected to the power grid.

According to Marketscreener on September 21, 2026, SCA prefers to lease land and combine this with long-term electricity supply agreements rather than sell its land outright, although the company indicates a sale could be considered if it became a necessary condition for a major investment.

Stock reaction and investor takeaways

The same Marketscreener overview notes that SCA shares were up around 0.58 percent on September 21, 2026, while Holmen gained roughly 3.94 percent, suggesting investors are beginning to price in the optionality from large-scale data-center projects and associated power contracts in northern Sweden.

For investors in SCA stock, the key question now is how quickly those discussions can translate into concrete leasing and power purchase agreements that add visible recurring revenue on top of the company’s traditional forestry and paper operations.