Google to invest $15 billion in AI infrastructure in Finland, its largest single investment in Europe

Google is set to make its largest single investment in Europe, committing over $15.1 billion over the next two years to AI and digital infrastructure in Finland. The company aims to meet growing local demand for services like Gemini, Maps, and YouTube, while also improving grid capacity, clean energy projects, and battery storage.

Google's interest in Finland is driven by the country's cool climate and low-carbon electricity, which are attractive for hyperscalers seeking to enhance data center efficiency amidst heightened scrutiny. The Hamina campus, operated by Google for around 15 years, stands out due to its seawater-based cooling system and offsite heat-recovery scheme, minimizing water consumption and redirecting waste heat to local properties.

The Finnish government will see a combined $36 million in funding to support upskilling and education in Hamina, Kajaani, Muhos, and Vaala. Additionally, Google plans to employ up to 37,000 people during the 2027-2028 construction phase. To ensure a stable energy supply, Google has secured a 22-year power-purchase agreement to extend the Loviisa nuclear plant and is planning to add new onshore wind capacity and a 94MW battery facility.

The company is also investing in community and environmental projects, including native forest and wetland regeneration, accessible recreational trails, public saunas, and fishing piers. Google has already invested approximately $4 billion in Hamina and related infrastructure since acquiring the site in 2009.