Google Signs 22-Year Deal to Power AI Data Centers With Nuclear Energy in Finland

Google Signs 22-Year Deal to Power AI Data Centers With Nuclear Energy in Finland

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Google is making its largest single investment in Europe: a commitment of over $15 billion to build new AI infrastructure in Finland through 2028. The plan covers new data center capacity across four locations, including an expansion of Google’s long-running Hamina campus.

The more unusual part of the deal is energy. Google signed a 22-year agreement with Finnish utility Fortum to purchase up to half of the electricity generated by the Loviisa nuclear power plant, starting in 2030 and running through 2049. The company is also backing new grid upgrades, wind projects, and battery storage in the region.

Finland offers Google a combination that’s hard to find elsewhere: abundant low-carbon power, a cold climate that cuts data center cooling costs, and easy access to European customers.

Why it matters: This deal is a clear sign that the next phase of the AI race won’t just be decided by who has the best chips — it will be decided by who can secure enough reliable electricity to run them. Nuclear plants that looked like aging, legacy infrastructure a few years ago are now becoming strategic assets that tech giants are locking down decades in advance. Expect more deals like this one as AI data centers keep growing hungrier for power.