Google announced a €13 billion investment in Finland, the largest single outlay by the company in Europe. The package includes a 22‑year contract with utility Fortum to buy up to 50 % of the output from the Loviisa nuclear power plant, and will fund three new data centres, an expansion of an existing site, and clean‑energy projects to meet growing AI demand.
Prime Minister Petteri Orpo welcomed the move, calling it proof of Finland’s leadership in responsibly building AI infrastructure. Google’s president and chief investment officer, Ruth Porat, said the investment would deepen Google’s roots in Finland and support local biodiversity, education, research and workforce development.
The new facilities will be located in Kajaani, Muhos and Vaala, while the Hamina site—originally a converted paper mill—will be expanded. The infrastructure is expected to support products such as the AI chatbot Gemini, as well as Search, Maps and YouTube.
Construction is slated for 2027‑28 and is projected to create more than 37,000 jobs and add €3.6 billion to Finland’s GDP annually. The deal also gives long‑term financial certainty to the Loviisa plant, which currently supplies about 10 % of the country’s electricity.
Google’s investment comes as other tech firms, including TikTok, also eye Finland’s cool climate, low‑carbon electricity and robust data governance for data‑centre development.
Future updates will focus on construction progress and the impact on Finland’s energy grid and AI ecosystem.
