In brief
Google’s €13bn (€11bn) deal marks its largest single European investment, securing a 22‑year contract to purchase 50 % of the output from the Loviisa nuclear plant. The funds will build three new data centres in Kajaani, Muhos and Vaala, expand a facility in Hamina, and support AI services like Gemini, Search and YouTube. The project is expected to create 37,000 construction jobs, add €3.6 bn to Finland’s GDP and bolster the country’s clean‑energy mix. The move underscores Finland’s reputation for low‑carbon electricity, cool climate, and a robust data‑centre infrastructure. Both Google and Finland’s government see the partnership as a long‑term boost to innovation and sustainable development.
Google pledges a record €13bn investment in Finland, committing to buy up to half the electricity produced by the Loviisa nuclear power plant as part of a big push to expand AI infrastructure in the country.
The project will fund three new data centres in Kajaani, Muhos, and Vaala, expand an existing site in Hamina, and back clean‑energy initiatives that will support the growing demand for AI services.
Prime Minister Petteri Orpo hailed the move as a testament to Finland’s leadership in responsibly building AI infrastructure, noting that the 22‑year contract with utility Fortum will secure long‑term supply for the Loviisa plant, which currently supplies about 10 % of Finland’s electricity.
The investment is expected to generate more than 37,000 construction jobs and boost Finland’s GDP by €3.6 bn per year, according to Google. Construction is slated for 2027–2028.
In addition to data‑centre expansion, the deal includes funding for clean‑energy projects, grid upgrades, and community programs that support local biodiversity, education, research and workforce development.
Google’s chairman Ruth Porat said the commitment would deepen the company’s technical capabilities while ensuring energy affordability and environmental responsibility.
Finland’s cold climate and plentiful low‑carbon electricity make it an attractive hub for data centres, reducing the cooling energy required for server farms and helping the tech industry move toward a more sustainable model.
The $1bn TikTok investment in a new data centre in Kouvola further underscores the region’s appeal for high‑performance, low‑emission computing.
Overall, the deal highlights how AI‑driven demand for data centres is driving the transition to cleaner infrastructure and stronger collaboration between the private sector and national governments.
