AI cloud company Nebius will construct a $10bn AI factory with a capacity of up to 310 megawatts (MW) in Lappeenranta, Finland, with initial operations expected to begin in 2027.
The site, which covers approximately 100 acres, is planned as a multi-building campus and marks one of the most significant dedicated AI infrastructure projects in Europe when fully deployed.
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The company’s expansion into Lappeenranta follows recent growth at its Mäntsälä data centre, which reached a power capacity of 75MW earlier this year.
Nebius continues to develop its presence across Finland and internationally, as part of a wider goal to secure over three gigawatts (GW) of contracted power globally by the end of 2026.
Within the EMEA region, Nebius holds more than 750MW of contracted power across company-owned sites and co-located facilities.
Beyond Finland, construction is under way on a separate AI factory near Lille, France, projected to provide 240MW at full scale.
Nebius aims for its new Finnish facility to supply advanced compute resources necessary for AI training and inference workloads.
Its Mäntsälä site already hosts Europe’s first operational deployment of the NVIDIA GB300 NVL72 platform, with plans to introduce the NVIDIA Vera Rubin NVL72 platform later this year.
The construction phase in Lappeenranta is estimated to provide up to 700 jobs primarily for local workers, and about 100 permanent positions are anticipated upon completion.
Indirect employment opportunities are also expected through ongoing operational and maintenance activities.
City of Lappeenranta Mayor Tuomo Sallinen said: “The new data centre will position our city at the forefront of Finland’s AI ecosystem and help meet Europe’s growing demand for artificial intelligence for decades to come.”
The company intends to work with local educational institutions via the Nebius Academy initiative to enhance technical skills related to AI and strengthen the regional talent pool.
Nebius states that it will adopt sustainability measures at the new campus by implementing closed-loop liquid cooling systems for servers, avoiding reliance on local water sources and enabling heat recovery for district heating integration, similar to practices at Mäntsälä.
Last month, Nebius received approval from the Independence City Council in Missouri, US, allowing development of a gigawatt-scale AI factory with potential capacity reaching up to 1.2GW.
Nebius continues expanding its global network of purpose-built AI compute centres as demand for high-performance computing resources increases worldwide.
