Google has announced its largest investment in Europe: at least 13 billion euros in developing AI infrastructure in Finland.
The funds will go towards expanding the existing data center in Hamina and building new facilities in Kajaani, Muhos, and Vaala in 2027–2028.
The company has also signed a 22-year agreement to purchase up to 50% of electricity from the Loviisa nuclear power plant operated by Fortum — this is Google's first such contract outside the US.
Additionally, projects in clean energy are planned, including wind power capacity and a battery of 94 MW, as well as improvements to the power grid.
According to Google's estimates, during construction the investment will add an average of 3,6 billion euros per year to Finland's GDP and support more than 37 thousand jobs, of which about 16 thousand will be in construction.
Once operational, the facilities will provide around 7 thousand permanent jobs with salaries 24% above the national median.
Google has been operating in Finland for 15 years, starting in Hamina, and calls this project the largest in Europe in its history.
The investment also includes 31 million euros to support local communities, education, and AI programs in four municipalities.
