Google Delves into Finland with €13bn Data Centre Bet
Google has announced its largest investment in Europe to date, pledging at least €13bn by 2028 to expand its data centre capacity and secure clean energy in Finland. The company will expand its existing Hamina data centre and build three new ones in north-central Finland, supporting AI development and powering services like Gemini, Search, Maps, and YouTube.
The investment is part of Google's efforts to tap into Finland's readily available brownfield sites, cheap power, and strong connectivity. According to DC Byte research, the country's data centre capacity has grown by an average of 70% annually between 2020 and 2025, making it Europe's second-fastest-growing market.
Petteri Orpo, Finland's prime minister, hailed Google's investment as a testament to the country's strengths. The company will also enter into a 22-year power purchase agreement with state-owned Fortum to secure electricity from its Loviisa nuclear energy plant.