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Fortum signs 22-year nuclear power deal with Google for Finnish data centers
Valor Econômico·FI · US·1 day ago
Google will invest €13B in Finnish AI infrastructure and signed a 22-year PPA with Fortum for up to 50% of Loviisa nuclear plant output, its first nuclear deal outside the US. The deal funds Loviisa's life extension to 2050, securing ~10% of Finland's electricity. This marks a major corporate commitment to nuclear power for AI energy demand, potentially setting a precedent for other tech firms.