Alphabet, the parent company of Google, has announced a major $15 billion investment in Finland, the largest by the company in Europe to date. The investment includes the construction of three new data centers and an expansion of an existing site. A key part of the plan involves sourcing up to 50% of its power from the Loviisa Nuclear Power Plant, a Soviet-designed facility that has been in operation for over 45 years. This energy will support Google's AI infrastructure, including its Gemini AI chatbot, as well as services like Google Search, Google Maps, and YouTube. Construction is expected to begin in 2027, with the project potentially creating around 37,000 jobs in Finland.
The new data centers will be built in the towns of Kajaani, Muhos, and Vaala. Additionally, the existing Hamina data center—originally a paper mill repurposed in 2009—will be expanded. The announcement comes after TikTok recently confirmed a $1 billion investment in the nearby town of Kouvola, highlighting growing interest in Finland’s tech and infrastructure potential.
Finland’s Prime Minister Petteri Orpo praised the investment, saying it reflects the country’s strengths in innovation and the data economy. He emphasized that such investments go beyond immediate financial returns, fostering research, development, and long-term economic benefits. Orpo also noted that deepening the partnership with Google would bring lasting advantages for both Finland and the company.
Alphabet’s Ruth Porat, president and chief investment officer, stated that the company is proud to strengthen its presence in Finland. The investment includes not only data centers but also clean energy projects and community funds aimed at supporting local biodiversity, education, and workforce development. The agreement with the Nordic energy company Fortum ensures the continued operation of the Loviisa Nuclear Power Plant, which currently supplies 10% of Finland’s electricity. This partnership underscores Google’s strategy to expand its technical infrastructure responsibly, while also enhancing energy capacity and affordability.
Google to Invest $15 Billion in Finland's AI Infrastructure with Support from Soviet-Era Nuclear Plant
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