Google has announced plans to invest at least €13 billion (roughly $15 billion) in digital infrastructure and related energy projects in Finland over the next two years, as part of a broader push to expand its cloud and datacentre footprint in Europe. The investment will see the tech giant enlarge its existing Hamina campus and build new datacentres further north near Kajaani, Muhos and Vaala, though it has not disclosed how many facilities are planned or how much capacity they will add. Notably, the expansion is being underpinned by a 22-year power purchase agreement with energy firm Fortum tied to the Loviisa nuclear plant, giving Google access to up to half of the plant's output and helping fund the upgrades needed to keep it running beyond 2030.

Under the deal, Google's share of Loviisa's capacity will start lower in 2028 before rising to 50 percent from 2030 to 2049, securing the future of a plant that currently supplies about a tenth of Finland's electricity. The company has also signed onshore wind agreements with Valorem and Suomen Hyötytuuli, taking its contracted new wind capacity in Finland to 629 MW, and has arranged a 94 MW battery storage system near Kajaani due to connect in late 2027 to help smooth out supply during cold, low-wind periods. Google says the sites were chosen with input from Business Finland and grid operator Fingrid, citing Finland's largely carbon-free electricity supply, though it declined to explain directly why the country was selected for this scale of investment.