Google has announced a €13bn (£11bn; $15bn) investment in Finland, its largest single investment in Europe, to expand the country's AI infrastructure. The package will fund three new data centres, expand an existing site, and secure clean energy supplies, including a 22-year deal to buy up to half the output of the Loviisa nuclear power plant, reflecting how tech firms are racing to lock in power sources as AI demand surges.

Under the agreement with Finnish utility Fortum, Google will purchase up to 50% of Loviisa's electricity, a plant that currently supplies about 10% of Finland's power; the deal will also help fund life-extension and capacity upgrades at the station. New data centres are planned for Kajaani, Muhos and Vaala, alongside expansion of Google's existing Hamina facility, with construction due in 2027-2028. Google says the investment will support more than 37,000 jobs and add €3.6bn a year to Finland's GDP, coming just days after TikTok unveiled a separate $1bn data centre investment in Kouvola, underlining Finland's growing appeal for its cold climate, clean energy and stable power grid.