Google Commits €13 Billion to Finnish Data Centers Amid Nuclear Power Deal

Google has announced plans to invest €13 billion in building data centers in Finland over the next two years, making it its largest data center investment in Europe. The company will take half of the electricity produced by Finland's Loviisa nuclear power plant as part of a 20-year power purchase agreement (PPA), securing the future for the country's oldest nuclear power plant.

The investment is expected to support over 37,000 jobs nationwide and contribute €3.6 billion annually to Finland's GDP during the initial construction phase in 2027-2028. The data centers will be built across four municipalities: Hamina (expanding the existing campus), Kajaani, Muhos, and Vaala.

Google's Vice President for Global Infrastructure, Bikash Koley, said Finland has been a vital hub for Google since it converted a former paper mill in Hamina into a data center 15 years ago. The company is deepening its commitment with the €13 billion investment to meet growing demand for its core services.