Google will spend €13bn on data centre infrastructure across four Finnish sites during 2027 and 2028, its largest single investment in Europe, the company announced the plan today.
The money covers Hamina, where it has operated since 2009, alongside Kajaani, Muhos and Vaala.
Alongside it comes a 22-year power purchase agreement with Fortum supporting the life extension of the Loviisa nuclear plant, which currently supplies about 10% of Finland’s electricity, plus 629MW of new-to-grid onshore wind contracted through Valorem and Suomen Hyötytuuli, and a 94MW battery installation near Kajaani due to run from late 2027.
A hyperscaler is not signing a 22-year nuclear offtake and funding new wind farms because it has developed opinions about the energy transition. It is doing it because in the Nordics you can no longer assume a grid connection exists for the asking.
Denmark has paused new connections outright, having found that Europe’s cleanest grid could not absorb the demand, and the EU has spent the past year asking households to shift their electricity use to accommodate the load.
