Alphabet’s Google will invest at least €13 billion ($15.1 billion) in AI infrastructure in Finland over 2027–2028, its largest European investment to date, Reuters reported. The funding covers three new data centers plus grid and clean-energy upgrades.
Google also signed a 22-year power purchase agreement for up to 50% of the output of Fortum’s Loviisa nuclear plant — the company’s first nuclear power deal outside the United States.
Why it matters: The scale of AI-driven data center buildout is now large enough that hyperscalers are signing multi-decade nuclear power agreements to secure supply, a direct signal of how AI infrastructure growth is reshaping national energy planning and grid investment, including in countries not previously associated with hyperscale data center clusters.
Source: Reuters, via DW and AFR, September 9, 2026.
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