Finland gets a €13B boost from Google’s AI expansion

In the next two years, Google is going to invest €13 billion in Finland’s digital infrastructure, clean energy, and local partnerships to meet growing demand for Google’s AI services, such as Search, Maps, and Gemini.

“This investment will support thousands of jobs and help fund regional environmental projects across the country,” Google says in a blog.

It’s Google’s largest single investment in Europe that will generate over 37,000 jobs nationwide and will annually contribute €3.6 billion to Finland’s gross domestic product (GDP).

Once the construction phase is completed, the new facilities will support thousands of permanent jobs, ranging from engineers to security and catering staff.

The investment includes a 22-year agreement to support the life extension of the Loviisa nuclear power plant, adding new onshore wind capacity, and contracting for a new 94-megawatt battery system to help stabilize prices during cold, windless periods.

Google is also investing €31 million into local communities in Hamina, Kajaani, Muhos, and Vaala over the next 4 years to support education and economic growth. This includes AI upskilling programs for over 4,400 workers and creating new training opportunities for 100 Finnish students who dream of a career in future data centers.

“We’re excited to build the next chapter of digital innovation, right here in Finland,” Google concludes its blog.

“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,” Petteri Orpo, Prime Minister of Finland, says in a statement.

“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,” he added.

“These investments are very welcome in Finland and demonstrate that it is possible to invest in AI infrastructure in a way that benefits both local communities and the broader energy system, including other energy users,” Sari Multala, Finland’s Minister of Climate and the Environment, states.