Google plans to invest at least 13 billion euros, or about $15.1 billion, in Finland by 2028, marking its largest single investment in Europe, according to the company. The spending will support AI data centers, energy projects and related infrastructure.
Finland has emerged as an attractive destination for data center development because of its available land and power resources.
Google also signed a 22-year power purchase agreement with Finnish energy company Fortum, whose shares surged following the announcement. The company said the deal will support additional energy capacity and grid improvements.
The report noted several other major projects planned in Finland, including facilities backed by Pure DC, Arcem and Nebius.
Google also said it would explore options to support potential new nuclear reactors at Loviisa, while Finland continues attracting digital infrastructure investments from other technology companies.
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Google said it will invest 13 billion euros ($15.1 billion) into AI infrastructure in Finland — a country dubbed the "Texas of Europe."
— CNBC (@CNBC) September 9, 2026
It marks the tech giant’s largest single investment in the region.
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