Google has announced a significant investment of €13 billion (approximately $15 billion) in Finland between 2027 and 2028. This funding aims to expand its data centers and enhance digital infrastructure in regions including Hamina, Kajaani, Muhos, and Vaala. The plans will integrate AI infrastructure alongside renewable energy and battery storage projects.
The Hamina facility is part of Google’s global cloud network and will bolster services such as Gemini, Search, Maps, and YouTube. In a press release, Ruth Porat, Google’s Chief Investment Officer, emphasized a commitment to responsible growth that pairs infrastructure expansion with energy capacity and affordability initiatives.
Finnish Prime Minister Petteri Orpo highlighted the attractiveness of Finland for investments, stating that Google’s decision reflects the nation’s strengths and will foster innovation and development.
The investment includes a 22-year power purchase agreement with Fortum, related to the Loviisa nuclear plant, supporting 10% of Finland’s electricity needs. Additional agreements will lead to new wind energy capacity and a 94 MW battery storage system, enhancing grid flexibility.
Google’s partnerships extend to Elisa for telecommunications infrastructure and Nokia for network connectivity, further strengthening Finland’s digital landscape. Overall, this investment marks a substantial commitment to sustainable growth and innovation in Finland’s digital economy.
