The Financial Express

Google to invest €3 billion in European data centres

| Updated: September 23, 2019 14:16:32

Reuters file photo Reuters file photo

Google will make an additional investment of €3 billion ($3.3 billion) over the next two years to expand its European data centres, Chief Executive Sundar Pichai said in Finland.

The investment plan includes an additional €600 million investment in the Hamina data centre in Finland, bringing total investment in the site to €2 billion, Finland’s Prime Minister Antti Rinne told the joint news conference.

“This is fantastic news for Finland,” Rinne said.

Google already has one data centre in Hamina, where it invested €800 million to convert an old paper mill. It said in May it would invest €600 million in a new data centre on the same site.

Google bought the site from paper firm Stora Enso in 2009. The location is close to the Russian border and uses seawater from the Gulf of Finland to reduce energy used in cooling.

Google’s other European data centres are located in the Netherlands, Ireland, and Belgium.

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