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Google to invest $3.3B in European data centers

Google  will make an investment of  $3.3 billion (3 billion euros) over the next two years to expand its data centers across Europe, the company said Friday.

The Company’s Chief Executive Sundar Pichai said in a blog post that the investment plan includes an additional 600 million euros investment in the Hamina data center in Finland, bringing total investment in the site to 2 billion euros. Finland’s Prime Minister Antti Rinne confirmed it in a joint news conference.

“This is fantastic news for Finland,” Rinne said.

Google already has one data center in Hamina, where it invested 800 million euros to convert an old paper mill. It said in May it would invest 600 million euros in a new data center on the same site.

Google bought the site from paper firm Stora Enso in 2009. The location is close to the Russian border and uses seawater from the Gulf of Finland to reduce energy used in cooling.

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

Data centers are an important component of cloud computing, where things like data storage and processing are made available over the internet instead of on a local hard drive. They typically use a huge amount of energy, but Google’s Pichai said the company was committed to minimizing its environmental impact.