Google agrees to buy up to 50% of Finnish nuclear plant capacity from Fortum

Google has agreed to purchase up to 50% of the capacity from Fortum's Loviisa nuclear power plant in Finland. This deal will enable Fortum to secure around €1 billion in investment to keep the plant running until 2050. The significance of this agreement lies in its potential impact on the European energy market, particularly in Finland, where it may help reduce reliance on fossil fuels and promote the use of nuclear energy as a cleaner alternative.

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Google has agreed to buy up to half the capacity of Finland's Loviisa nuclear power plant. This investment will help unlock about €1 billion in investment to keep the facility running.

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