Google commits €13 billion to Finland AI infrastructure
Google announced at least €13 billion of investment during 2027 and 2028 across data centres, grid infrastructure, energy and battery storage in Hamina, Kajaani, Muhos and Vaala. A 22-year agreement with Fortum is intended to supply half of the output from Finland's Loviisa nuclear plant from 2030 through 2049.
Why it matters: The plan is Google's largest single announced European investment and ties future AI-compute expansion to long-duration electricity, grid and storage commitments rather than treating accelerator capacity as an isolated procurement decision.