Google Signs Finland's First Nuclear PPA with Fortum to Power Data Centers

Key Facts

1Google signed a 507-megawatt nuclear power purchase agreement (PPA) with Fortum in Finland for a 22-year term.

2The deal prevents the retirement of the Loviisa nuclear plant, which supplies 10% of Finland's electricity, in 2030.

Google signed a 507-megawatt nuclear power purchase agreement (PPA) with Fortum in Finland for a 22-year term, OilPrice.com reported. The agreement prevents the scheduled 2030 retirement of the Loviisa nuclear plant, an infrastructure asset that supplies 10% of Finland's national electricity.

The deal reflects a strategic shift by data center operators toward securing stable baseload power to meet rising energy demands. In equity markets, FOJCY closed at $5.18 on October 6, 2026, while GOOGL closed at $347.68 on the same date. Among industry peers, MSFT closed at $529.30 and META closed at $738.88 on October 6, 2026.