Google signs 22-year PPA with Fortum for up to 50% of Loviisa nuclear plant capacity in Finland
Type: Ppa · Technology: Nuclear · Country: Finland · Announced: 2026-09-09
Google signed a 22-year power purchase agreement with Fortum to secure up to 50% of the generation capacity of the Loviisa nuclear power plant in Finland. The agreement will provide electricity to Google's operations in the country and supports the planned extension of the Loviisa facility. The deal ties Google to a long‑term supply of low‑carbon nuclear power, reinforcing its renewable energy commitments in Europe. By locking in a substantial share of Loviisa's output, Fortum gains a stable revenue stream to help finance the plant's expansion. The transaction was announced on 9 September 2026.
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