Google has announced plans to invest at least €13 billion ($15 billion) in digital infrastructure across Finland over 2027 and 2028, representing the company’s largest single investment project in Europe.
The capital deployment covers data centre developments and supporting infrastructure across Hamina, Kajaani, Muhos, and Vaala. During the construction phase, the project is projected to contribute an average of €3.6 billion annually to Finland’s GDP and support over 37,000 jobs nationwide, transitioning to 7,000 annual operational roles once facilities come online.
To balance grid demand and support regional decarbonisation, Google has established a series of power purchase agreements (PPAs), energy partnerships, and grid resilience initiatives alongside its site expansion.
Key energy, environmental, and operational details include:
- Nuclear Power Partnership: A 22-year life extension PPA with energy provider Fortum to support operations at the Loviisa nuclear power plant beyond 2030. Google and Fortum also signed a Memorandum of Understanding to explore flexible generation capacity and commercial frameworks for new nuclear reactors at the Loviisa site.
- Renewable Energy Expansion: Onshore wind PPAs with Valorem and Suomen Hyötytuuli, expanding Google’s supported grid capacity to 629 MW. The firm is also deploying a contracted 94 MW battery storage system near its Kajaani site, scheduled for completion in late 2027.
- Geographic Grid Efficiency: Locating new facilities in northern Finland to utilise existing transmission infrastructure near carbon-free energy sources, helping reduce overall Nordic grid balancing costs.
- Community & Ecological Funding: A €31 million four-year commitment for local development across host municipalities, including €10 million dedicated to research and innovation. Google is also funding local biodiversity projects, municipal heat-recovery integration, solar installations for low-income households, and workforce training programs via Google.org.
The expanded digital infrastructure will support Google’s global cloud network and power consumer and enterprise services across Europe, including Search, Maps, and Gemini applications.