Google’s ambitious billion-dollar data center expansion in Finland is currently stalled as the tech giant awaits clarity on a proposed 40-fold increase in electricity taxes. While Google secured 1,400 hectares of land in Kajaani and Muhos last year, the company has paused its final investment decision, citing the need for "regulatory stability" in the face of a potential rate hike from €0.0006 to €0.0225 per kWh.
This fiscal uncertainty, part of Finland’s 2026 budget discussions, threatens the country's status as a burgeoning hub for green data infrastructure and has prompted other major players, like XTX Markets, to similarly review their long-term investment roadmaps.
| Distance | Site | About |
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| NN milesInterested in this information?Contact us | XTX: Kajaani 1 |
XTX Markets has begun construction on its first data center in Finland, with completion planned for 2026.
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| NN milesInterested in this information?Contact us | XTX: Kajaani 2 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| NN milesInterested in this information?Contact us | XTX: Kajaani 3 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| NN milesInterested in this information?Contact us | XTX: Kajaani 4 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| NN milesInterested in this information?Contact us | XTX: Kajaani 5 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| NN milesInterested in this information?Contact us | CSC: Kajaani Data Center |
CSC operates a data center in a former paper-machine hall at the Renforsin Ranta business park in Kajaani. It houses the LUMI supercomputer, and CSC is expanding the hall for the LUMI-AI system.
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| NN milesInterested in this information?Contact us | Borealis: Kajaani (Renforsin Ranta) |
Icelandic operator Borealis Data Centers Kajaani facility is located in the Renforsin Ranta Business Park in Kajaani in central Finland. Borealis Data Centers has acquired this facility from Finnish MSP Herman IT.
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In 2017, Google announced a commitment to power the company and its data centers entirely on renewable energy. In 2018, Google reached the 100% of their goal.
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