Overview
- Google announced the €13 billion commitment on Wednesday to expand its Hamina campus and build new data centres in Kajaani, Muhos and Vaala with construction planned for 2027–2028.
- The package includes a 22‑year power purchase agreement with Fortum for up to 50% of output from the Loviisa nuclear plant, revenue Fortum says is needed to fund upgrades to keep Loviisa running to 2050.
- Google also contracted roughly 629 MW of new onshore wind capacity and a 94 MW battery near Kajaani to provide flexible, low‑carbon supply and help stabilise the grid as data‑centre demand rises.
- Company estimates say the buildout will add about €3.6 billion to Finland’s GDP during construction, support roughly 37,000 construction jobs and about 7,000 permanent local roles once operations begin.
- The agreement has triggered calls from opposition politicians and security officials for stronger national permitting and closer review of electricity availability, prices and strategic risks as hyperscalers secure long‑term grid capacity.