Google Announces €13 Billion AI Infrastructure Investment in Finland

Google will secure up to 50% of the electricity generated by one of Finland’s nuclear power plants as part of its €13 billion AI infrastructure investment, it announced.

The US technology firm said the package will finance three new data centres, expand an existing facility, and fund energy projects to meet the rising demand for AI services.

“This represents Google’s largest single investment in Europe and demonstrates Finland’s leadership in responsibly developing AI infrastructure,” the company said on Wednesday.

“Google’s decision reflects our strengths,” Finnish Prime Minister Petteri Orpo said in a statement.

As part of the agreement, Google signed a 22‑year contract with Finnish utility Fortum to purchase up to 50% of the output from the Loviisa nuclear power plant.

Finland has become an attractive location for data centres due to its cool climate, abundant low‑carbon electricity and relatively uncongested power grid; the cooler temperatures also reduce cooling energy requirements for server facilities.

Technology companies are racing to secure power supplies as the AI boom drives demand for extensive data‑center networks.

The Google investment is projected to create over 37,000 construction jobs and increase Finland’s GDP by €3.6 billion annually, according to Google. Construction is scheduled for 2027 and 2028.

“The value of the data economy extends far beyond direct investment by spurring innovation, research, and development,” Orpo added.

We expect that deepening our collaboration with Google will deliver lasting benefits for both parties.

Google will construct new data centres in Kajaani, Muhos, and Vaala, and expand its existing Hamina facility, originally converted from a former paper mill in 2009.

This infrastructure will support products such as its AI chatbot Gemini, as well as services including Search, Maps, and YouTube.

Google said the investments also include clean energy projects and dedicated nature and community funds to support local biodiversity, education, research, and workforce development.

“Google is proud to deepen our roots in Finland,” said Ruth Porat, president and chief investment officer of Alphabet and Google.

“This investment underscores Google’s commitment to grow our presence responsibly by expanding our technical infrastructure, adding new energy capacity, enhancing the grid, and promoting energy affordability,” she added.

Earlier this year, Alphabet, Google’s parent company, increased its global spending plans to up to $205 billion to expand computing capacity for AI services.

The agreement with Fortum provides long‑term financial certainty for the Loviisa plant, which currently generates about 10% of Finland’s electricity.

Fortum said Google’s commitment will support an investment programme to extend the life of the nuclear station and increase its generating capacity.

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