$GOOGL Plans to Invest €13B in Finland AI Infrastructure – Bloomberg

Google plans its largest-ever single investment in Europe, committing at least €13B over the next two years to expand AI computing capacity in Finland.

The buildout includes three new data centers in Kajaani, Muhos and Vaala, plus an expansion of its existing Hamina site.

Google is also adding new wind-power agreements and a 94MW battery system at Kajaani, while Fortum signed a 22-year power deal that will eventually cover 50% of output from its two-reactor Loviisa nuclear plant.

The projects are expected to support more than 37,000 jobs during construction and about 7,000 jobs once completed.

https://www.bloomberg.com/news/articles/2026-09-09/google-plans-13-billion-ai-infrastructure-investment-in-finland

Many Finnish construction companies are rallying double digits

https://www.inderes.fi/en/markets?market=FINLAND

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