Google Commits €13B to Finnish AI Data Centers, Its Largest Single European Investment

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Google will deploy at least €13 billion ($15.1B) across 2027 and 2028 into at least three new data centers plus a Hamina expansion, in Hamina, Kajaani, Muhos and Vaala. Construction is projected to add €3.6 billion annually to Finnish GDP and support 37,000 jobs, dropping to 7,000 ongoing jobs at wages 24% above the national median. The siting rationale is power: 96% of Finland's electricity is carbon-free, mostly nuclear and renewables.