Google Invests €13bn in Finland Data Centers, Secures Nuclear Power
Google announced a €13 billion ($15 billion) investment in Finland to build three new data centres in Kajaani, Muhos and Vaala, and expand its existing site in Hamina. The deal includes a 22‑year contract with utility Fortum to purchase up to half of the output from the Loviisa nuclear plant, ensuring a steady, low‑carbon power supply for the new facilities.
Key points
- Google commits €13bn to build 3 new data centres in Finland, buying 50% of Loviisa nuclear output
- Construction 2027‑28 will create 37,000 jobs and add €3.6bn to GDP
- Deal includes long‑term clean‑energy projects and biodiversity funding
The construction, slated for 2027‑2028, is projected to create more than 37,000 jobs and add roughly €3.6 billion to Finland’s GDP each year. The infrastructure will support Google’s AI chatbot Gemini and other services such as Search, Maps and YouTube, while also funding clean‑energy projects, biodiversity initiatives and workforce development.
Finland’s cool climate, robust grid and commitment to clean energy make it an attractive hub for data‑centre expansion, a trend that has already drawn a $1 billion TikTok investment in the country.
The story so far
3 episodes →- Google Invests €13bn in Finland Data Centers, Secures Nuclear Powerthis story
Google picks Finland for its largest single investment in Europe
BBC Technology · 9 September 2026
Loading the full article…
This text was published by BBC Technology and written by https://www.facebook.com/bbcnews. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗
Coverage and discussion
5sources- Google Raises Its Investments in Finland to Support AI Infrastructure GrowthPress · finance.yahoo.com ·
- Google’s €13bn AI data centre plan in Finland to be supported by nuclear powerPress · edie.net ·
- Google Makes Its Single Largest AI Investment in Europe — Bets $15 Billion on Finland AI InfrastructurePress · finance.yahoo.com ·
- Google to invest record $15 billion in AI infrastructure in the 'Texas of Europe'Press · CNBC Technology ·
The headline, key points and digest above were generated by Digest AI's editorial model from the linked sources. Automated summaries can contain errors: the sources are the record. Spotted a mistake? Tell us. Published by Martin K., who runs Digest AI and handles corrections.
More in Business & Funding
All →- Anthropic files IPO with $80.7B net loss on $16.3B revenue in H1 2026 · 15 src
- Anthropic files for US stock listing at over $1.5 trillion valuation · 17 src
- LSEG to buy Octus for $3.5 billion as AI finance market grows · 1 src
- Proton re-interviews staff to assess AI skills for job retention · 1 src
- Microsoft offers buyouts to ~60K workers in US, Canada, India, UK · 8 src
Comments
via GitHub Discussions