Google to invest €3 billion in European data centers

Google to invest €3 billion in European data centers

Google plans to invest an additional 3 billion euros in data centers across Europe over the next two years.

According to the announcement by Chief Executive Sundar Picha in Finland, Google’s new decision will bring its total investment in Europe’s internet infrastructure to 15 billion euros since 2007.

”Our investments generate economic activity for the region and support more than 13,000 full-time jobs in the EU every year, according to a study published today by Copenhagen Economics,” said Chief Executive Sundar Pichai in a blog post.

As part of this new investment, Google will invest another 600 million euros to expand its data center presence in Hamina, Finland in 2020, bringing the total investment by Google to 2 billion euros since 2009.

This investment is expected to create approximately 4,300 jobs in Finland per year on average, over the next two years and beyond.

”Our Hamina data center is a significant driver of economic growth and opportunity. It also serves as a model of sustainability and energy efficiency for all of our data centers,” Pichai said.

He also announced renewable energy projects that include the construction of more than 1 billion euros in new energy infrastructure in the EU, among them a new offshore wind project in Belgium, five solar energy projects in Denmark, and two wind energy projects in each Sweden and Finland. There are also projects in the U.S. and South America.

”In Finland, we are committing to two new wind energy projects that will more than double our renewable energy capacity in the country, and ensure we continue to match almost all of the electricity consumption at our Finnish data center with local carbon-free sources, even as we grow our operations,” he added.

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

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