Google to invest 600 mln euros in Finnish data centre

Credit: REUTERS/CHARLES PLATIAU

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HELSINKI, May 27 (Reuters) - Google GOOGL.O said on Monday it planned to invest about 600 million euros ($672 million) in a new data centre in Hamina, Finland.

Google, which is owned by Alphabet Inc., already has a data centre in Hamina, where it invested 800 million euros to convert an old paper mill. Paper firm Stora Enso sold the site, which is close to the Russian border, to Google in 2009.

Google said the existing Hamina facility was one of its most advanced and efficient data centres. Its cooling system uses seawater from the Gulf of Finland to reduce energy use.

Google's other European data centres are located in the Netherlands, Ireland and Belgium.

"The demand for Google services is growing daily and we are building our data centre infrastructure to match this demand," Google's Finland country head Antti Jarvinen said in a statement.

($1 = 0.8928 euros)

(Reporting by Anne Kauranen and Tarmo Virki Editing by Edmund Blair)

((anne.kauranen@thomsonreuters.com; +358925166112;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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