Google ties a 13 billion euro Finland data-centre buildout to nuclear power
Google plans to invest at least 13 billion euros in Finnish data centres and supporting infrastructure during 2027 and 2028. Hamina will expand while new campuses are built in Kajaani, Muhos and Vaala. Yle confirms that this is the company's largest single European investment; Google also signed a 22-year power purchase agreement with Fortum for the Loviisa nuclear plant.
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Four locations sit inside the two-year plan
Google said it will spend at least 13 billion euros during 2027 and 2028 on Finnish data centres and the infrastructure that supports them. The company will expand its existing Hamina site and build new campuses in Kajaani, Muhos and Vaala. Google describes the programme as its largest single investment in Europe. Yle, citing a statement from Alphabet, independently reports the same amount, timetable and focus on artificial-intelligence infrastructure. The northern sites are intended to use existing grid capacity close to carbon-free generation.[1], [2]
The Loviisa agreement carries existing generation to 2050
The energy leg of the data-centre plan includes a 22-year power purchase agreement between Google and Fortum. It will cover as much as half of the output from the Loviisa nuclear plant, which supplies 10 percent of Finland's electricity. Google says the long-term purchase will support the life-extension work needed for the station to operate beyond 2030. The companies also signed a memorandum of understanding to examine the commercial case for possible new reactors at Loviisa and other generation that could add flexibility to the grid.[1]
Wind purchases and battery storage join the grid plan
Google says new onshore wind contracts with Valorem and Suomen Hyötytuuli will take the new grid capacity it supports in Finland to 629 MW. A 94 MW battery system near Kajaani is expected to connect at the end of 2027. Google's figures of more than 37,000 construction-phase jobs and an average annual GDP contribution of 3.6 billion euros are the company's own projections, not realised employment or output data.[1]
