Google to invest $15 billion in AI infrastructure in Finland
The plan includes new data centers, grid upgrades and clean energy deals, and Google said it will support about 7,000 jobs once operational.
- On Wednesday, Google announced a €13 billion investment in Finnish artificial intelligence infrastructure, marking the company's largest single European project. The initiative expands operations in Hamina and establishes new data centers in Kajaani, Muhos, and Vaala.
- Finland's cold climate and abundant low-carbon electricity attract major tech firms, with two-thirds of new European data center capacity shifting to the Nordics. Google has operated in Hamina since 2009, building on 15 years of sustained investment.
- Supporting this expansion, Google secured a 22-year power purchase agreement with Fortum for the Loviisa nuclear plant, alongside 629MW of new onshore wind capacity. A 94MW battery system near Kajaani will strengthen grid balancing by late 2027.
- The investment is projected to contribute $3.6 billion to Finland's GDP during construction and support 7,000 ongoing jobs once operational. Alphabet and Google expect the project to support more than 37,000 construction-related jobs through 2028.
- Google allocated €31 million for local community initiatives, including training for more than 4,400 workers and 100 students over one year. Additionally, Google and Fortum signed a memorandum to explore developing future nuclear capacity and energy flexibility.
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The American company Google is planning nuclear-powered data centers in Finland. It is investing at least 13 billion euros, equivalent to 316 billion crowns, in artificial intelligence in the Nordic country. In addition, it has signed a contract for the purchase of nuclear energy for the first time outside the United States. It called the move its largest single investment in Europe.
Google technology company has been strengthening its presence in Finland, after having acquired, in 2009, an old paper factory that has transformed into a data center in the coastal city of Hamina
Google to invest €13bn in Finnish data centres in major European push
Google will spend at least €13 billion on data centres and digital infrastructure in Finland over the next two years, its largest single investment in Europe, in a bet on the country's cheap power and climate.
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