Google commits €13bn to Finland, secures nuclear power for AI data centres
Google announced a record €13bn investment in Finland to build three new data centres, expand its existing Hamina facility, and support energy infrastructure for AI growth. As part of the deal, Google signed a 22-year agreement with Fortum to purchase up to half the electricity output from the Loviisa nuclear plant.
GoKawiil's interpretation of the reporting above, not reported fact.
The deal underscores how AI's massive power demands are pushing tech giants toward long-term nuclear contracts to guarantee reliable, low-carbon electricity. Finland's cold climate and clean grid have made it a magnet for hyperscale data centre investment, following TikTok's similar announcement days earlier, positioning the country as a European hub for AI infrastructure.
- Google's €13bn Finland investment is its largest single commitment in Europe.
- The 22-year Fortum nuclear power deal secures up to 50% of Loviisa plant output for Google.
- Construction in 2027-2028 is projected to support over 37,000 jobs and add €3.6bn yearly to Finland's GDP.
Source: bbc.co.uk — Watch Our Pick Of Standout Clips Across The Bbc, 2026-09-09
Published there as: “Google picks Finland for its largest single investment in Europe”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.