Google signs 22-year Loviisa nuclear deal to power €13 billion Finland bet

Over the next two years, Google will invest €13 billion in Finland on data centers, clean energy, and community programs. They will operate on nuclear power.

The company said Wednesday that it signed a 22-year agreement to help prolong the life of the Loviisa nuclear power plant, part of what it called its largest single investment anywhere in Europe.

The money for Finland comes as governments across the continent scramble to stop AI infrastructure moving to the United States.

Google doubles its previous German pledge in Finland

Hamina is the center of gravity where Google, 15 years ago, transmuted a defunct paper mill into a data center. The new spending is intended to keep pace with demand for Search, Maps, and Gemini, Google Global Infrastructure VP Bikash Koley wrote in the announcement.

Google said its Hamina operations drew on more than 600 Finnish suppliers for construction, operations, and fiber work from 2023 to 2025.

The new pledge overshadows the size of Google’s recent European moves. In November 2025, Cryptopolitan reported that Google pledged ~€5.5 billion, about $6.4 billion, to expand its German data centers in Dietzenbach and Hanau.

The figure for Finland is more than double that.

€31 million flows to Hamina, Kajaani, Muhos, and Vaala

In addition to the Loviisa deal, Google said it will add onshore wind capacity and enter into a contract for a 94-megawatt battery system that it said would serve to smooth prices during “cold, windless periods.”

Nuclear power offers a dependable baseload that wind and solar cannot, and that is a growing concern to operators of power-hungry AI facilities.

The project is expected to create more than 37,000 jobs across the country and bring €3.6 billion a year to Finnish GDP during construction in 2027 and 2028, according to Google.

Once the facilities are up and running, thousands of permanent roles will follow, from engineers to security and catering staff, the company said.

Google apportioned €31 million over four years to the communities of Hamina, Kajaani, Muhos, and Vaala. The budget covers AI upskilling for 4,400+ workers through local colleges.

It also funds training slots for 100 students aimed at future data center careers. The company said it will finance the regeneration of native forests and wetlands near its sites and construct recreational trails, public saunas, and fishing piers.

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