The shape of the group.
GreenGridLabs sites are run by local operating companies — GreenGridLabs Finland Oy in Helsinki, GreenGridLabs Sweden AB in Stockholm, and GreenGridLabs Germany GmbH — each a standalone legal entity with its own management, its own engineering team and its own regulator in its own jurisdiction. The operating brand sits under Riveon AG, a Swiss technology group headquartered in Zug, which is the asset owner and the parent in the consolidated accounts.
Riveon AG is a Swiss limited company with a registered office in Zug, named managing directors, audited financial statements and shareholders of record in the Swiss commercial register. Consolidated accounts are prepared under Swiss GAAP FER.
Why the local operator model is a feature.
A datacenter in Finland is a Finnish asset. The grid connection agreement is with Fingrid, the permits are issued by the regional ELY centre, the tax and payroll are Finnish, and the regulator is Finnish. The same is true for a site in Sweden or Germany, with a different set of counterparties and a different legal code. None of that can be run sensibly from another country — and none of it should be.
So each site has a local operating company with local management, local engineers, local payroll and local books. The counterparty on every grid connection, every municipal permit and every customer contract is the entity that is physically there, on the ground. That is a better experience for the customer, a better experience for the local authority, and a cleaner story for the lenders that finance the asset.
A single European footprint.
The group's assets, staff, suppliers and customer relationships sit inside the European Union, the European Economic Area and Switzerland. One footprint, four commercial registers, audited accounts in each. That is the story, end to end. It is the same story we tell a municipality weighing a permit, a utility weighing a grid connection, a lender weighing a financing, and a customer weighing an RFP — because it is the only story there is to tell.
Clean counterparties, by construction.
Every customer, supplier, lender and landlord that transacts with a group entity is screened against the consolidated EU sanctions list and the relevant national lists before a contract is signed, and again at renewal and on material change. The control is owned at the local operating entity, documented, and available to the group's auditors. None of this is exotic — it is what a European critical-infrastructure operator is expected to do. We call it out because serious customers and serious lenders ask about it early, and the answer is the same every time.
Why this matters to customers.
HPC and AI workloads are increasingly hosted under compliance, data-sovereignty and sustainability frameworks that ask the same question in different words: who actually owns the site, who actually runs it, and what jurisdiction are we in? A group structured the way GreenGridLabs is answers that question in one sentence per country — and the answer does not change when you look closer. That is the point.