Google commits at least €13 billion to Finnish AI infrastructure

  • Google plans to invest at least €13 billion in Finnish AI infrastructure.
  • The deal includes 22-year access to up to 50% of Loviisa’s nuclear output.
  • Opposition parties called for national permits covering new data-center investments.

Google plans to invest at least €13 billion ($15.1 billion) in Finland over the next two years, its largest European investment, as political parties call for a national permitting system for new data centers. The proposal reflects concerns that rapidly expanding AI infrastructure could strain electricity supply, transmission capacity and household energy affordability. Google’s agreement with Fortum includes a 22-year purchase contract for up to 50% of the output from Finland’s Loviisa nuclear plant, helping extend the plant’s expected operating life to 2050 from 2030. Google and Fortum will also explore new nuclear and renewable-energy projects. The investment supports data centers and related energy infrastructure at four locations, including Google’s Hamina campus, while Microsoft and TikTok are pursuing separate Finnish projects.

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