Google commits €13bn to Finnish AI infrastructure and nuclear power deal
The investment will fund three data centres, expand Google’s Hamina site and secure up to half of Loviisa’s nuclear output for 22 years.
Google has announced a €13bn investment in Finland’s artificial intelligence infrastructure, including three new data centres, an expansion of its existing facility in Hamina and projects intended to support additional energy capacity.
Construction is planned for 2027 and 2028 at sites in Kajaani, Muhos and Vaala. Google says the infrastructure will support Gemini, Search, Maps and YouTube, as demand for computing capacity grows.
Under a 22-year agreement with Finnish utility Fortum, Google will buy up to 50 per cent of the electricity produced by the Loviisa nuclear power plant. The arrangement is a purchase agreement and does not give Google ownership or exclusive access to the facility.
Fortum says the commitment will support plans to extend Loviisa’s operating life and increase its generating capacity. The plant currently produces about 10 per cent of Finland’s electricity, according to the BBC World report on the announcement.
Google estimates the project could support more than 37,000 construction jobs and add €3.6bn a year to Finland’s GDP. Those projections have not been independently verified. The package also includes clean-energy and grid projects, along with funding for nature, communities, education, research and workforce development.
Finland has attracted data-centre operators with its cool climate, low-carbon electricity and relatively uncongested grid. The investment follows TikTok’s separate announcement of a US$1bn Finnish data centre, while Google’s construction and development plans remain subject to regulatory processes.
