Google picks Finland for its largest single investment in Europe
Google has announced a €13bn investment in Finland to expand its AI infrastructure, including the construction of three new data centers. The project includes a 22-year agreement to purchase 50% of the electricity from the Loviisa nuclear power plant to support the energy-intensive needs of AI.
Why it matters
This highlights the massive energy demands of the AI boom and the strategic shift of tech giants toward nuclear power and northern climates to sustain infrastructure growth.
Image source, Getty Images By Jessica Rawnsley Published 23 minutes ago Google will buy up to half the electricity produced by one of Finland's nuclear power plants as part of a record €13bn (£11bn; $15bn) investment in the country's AI infrastructure, the company announced.
The US tech giant said the package would fund three new data centres, expand an existing site and support energy projects to power growing demand for AI services.
"This is Google's largest single investment in Europe and a testament to Finland's leadership in responsibly building AI infrastructure," the company said on Wednesday.
"Google's decision is a clear testament to our strengths," Finland's Prime Minister Petteri Orpo said in a statement.
As part of the deal, Google signed a 22-year contract with Finnish utility Fortum to buy up to 50% of the output from the Loviisa nuclear power plant.
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