구글은 2028년까지 핀란드에 AI 및 데이터센터 인프라에 최소 130억 유로(약 151억 3천만 달러)를 투자하기로 했다.

Google plans to invest at least €13 billion ($15.13 billion) in digital and AI infrastructure across Finland between 2027 and 2028, marking the company’s largest single investment in Europe. The expansion will deliver new data centers and supporting infrastructure across Hamina, Kajaani, Muhos, and Vaala, alongside initiatives focused on clean energy, grid resilience, biodiversity, education, research, and workforce development.

The project builds on over 15 years of Google’s operations in Finland, which began with the 2009 acquisition of a former paper mill in Hamina that was later converted into a data center. Environmental initiatives at the Hamina site have included seawater-based cooling and an offsite heat recovery system designed to eventually supply approximately 80% of the annual thermal demand for Hamina’s district heating network. From 2023 to 2025, the Hamina facility supported an ecosystem of more than 600 Finnish suppliers across construction, operations, and network infrastructure, including DNA, Elisa, and Nokia.

Google estimates the €13 billion ($15.13 billion) program will add an average of approximately €3.6 billion ($4.19 billion) annually to Finland’s GDP during the 2027–2028 construction phase and support more than 37,000 jobs nationwide. Of these, roughly 16,000 positions will be in construction, generating an estimated €911 million ($1.06 billion) in average annual labor income. Once operational, the facilities are projected to sustain approximately 7,000 jobs annually, encompassing direct technical and facility roles, supplier positions, and indirect employment in surrounding communities. Google notes that wages for these roles are expected to average 24% above Finland’s national median.

The expanded capacity will underpin Google’s core services—including Gemini, Search, Maps, and YouTube—while providing additional infrastructure for Finnish and European organizations developing AI and cloud-based products. Google’s existing Hamina facility operates within its global network of 43 cloud regions and currently serves organizations such as Nokia, Elisa, and the City of Hamina.

Energy infrastructure forms a cornerstone of the expansion. Google has partnered with Fingrid and Business Finland to identify optimal sites for efficient grid connection. Placing new data center capacity in northern Finland leverages existing grid infrastructure near carbon-free energy sources, minimizing the need for additional network investment. Additionally, Google has signed a 22-year power purchase agreement with Fortum to support a life-extension program for the Loviisa nuclear power plant near Hamina. Loviisa currently employs approximately 580 workers and supplies roughly 10% of Finland’s electricity. Google stated the agreement will provide long-term revenue certainty, enabling the investments required to extend the plant’s operational life beyond 2030.

Google and Fortum have further executed a memorandum of understanding to explore additional grid flexibility and power generation capacity, including business models aimed at improving the commercial viability of new nuclear reactors at the Loviisa site. The company has also secured additional onshore wind power purchase agreements with Valorem and Suomen Hyötytuuli, raising the total new-to-grid onshore wind capacity supported by Google in Finland to 629 MW. A new 94 MW battery energy storage system near Google’s Kajaani site is scheduled to connect to Finland’s grid in late 2027. The installation will enhance grid flexibility and help balance electricity supply during periods of low renewable output.

Google is coupling this infrastructure expansion with targeted community investments. Over four years, the company will allocate €31 million ($36.08 million) for community initiatives across Hamina, Kajaani, Muhos, and Vaala, including €10 million ($11.64 million) dedicated specifically to research and innovation. Additional programs will fund solar and heat-pump installations for lower-income households, energy-efficiency retrofits in public buildings, recreational trail lighting upgrades, and backup power systems for local emergency, healthcare, and water services. Ecological restoration projects will also be implemented on former forestry lands adjacent to data center sites, targeting native forests, peatlands, wetlands, conservation zones, and wildlife corridors.

Workforce development initiatives will feature AI education and training programs developed in partnership with Finnish vocational colleges and labor organizations. Through Google.org’s AI Opportunity Fund, more than 4,400 workers are slated to receive AI skills training. Google will also partner with EKAMI on a one-year program designed to prepare up to 100 Finnish students for data center careers. This €13 billion ($15.13 billion) commitment significantly expands Google’s physical infrastructure footprint in Finland, directly linking new AI computing capacity with parallel investments in power generation, energy storage, grid modernization, workforce development, and local communities.

‘Google is proud to deepen our roots in Finland with the company’s largest single investment in Europe, building on more than 15 years of sustained investment in Finland. This investment underscores Google’s commitment to grow our presence responsibly, pairing the expansion of our technical infrastructure with new energy capacity, grid enhancements, and energy affordability initiatives. At the community-level, Google is proud to support programs focused on advancing workforce development, education, and research – helping to unlock long-term economic opportunity both in Finland and across the broader European economy,’ said Ruth Porat, President and Chief Investment Officer of Alphabet and Google.

‘Finland is an attractive destination for investments, and attracting further investment remains a top priority. Google’s decision is a clear testament to our strengths. The value of the data economy extends far beyond direct investment into spurring innovation, research, and development. Deepening our collaboration with Google will deliver lasting benefits for both parties,’ said Petteri Orpo, Prime Minister of Finland.

‘Finland has a unique opportunity to turn its decarbonised, reliable electricity system and robust industrial infrastructure into a foundation for the next wave of sustainable industrial growth. Long-term partnerships like the one between Fortum and Google are essential to making that happen, especially in today’s uncertain market environment characterized by low visibility and highly volatile electricity prices. They provide the visibility needed to invest in new low-carbon power generation capacity, strengthen energy security and support new digital and industrial investments that create jobs, innovation and prosperity for Finland. Furthermore, our collaboration with Google provides a strong foundation for the continued development and reliable operation of our Loviisa power plant for decades to come,’ said Markus Rauramo, President and CEO of Fortum.

‘We welcome Google’s new projects in Muhos, Kajaani and Vaala where they can grow as there is significant grid capacity for electricity consumption in the production dominated north. Our aim is to keep the costs of the growing electricity system competitive, while reducing environmental impacts, and these locations at strong grid points both help the whole electricity system and ensure cost-effective network development,’ said Asta Sihvonen-Punkka, President and CEO of Fingrid.

USD equivalents are approximate, based on an exchange rate of about €1 = $1.1639 on September 9, 2026.