Sesterce Plans $11B AI Data Center Investment in Finland
French AI infrastructure group Sesterce said on Thursday it plans to develop a data center site in Finland costing more than €10 billion (about $11.2 billion), Reuters reported.
What happened
Sesterce said in a statement on Thursday that it plans a data center campus in Jamsa, central Finland, costing more than €10 billion (about $11.2 billion at current rates), with first-phase construction set to begin in 2026.
Reuters noted this is the latest in a series of foreign technology investments in the Nordic country. Sesterce said it has already secured an anchor customer and will size future expansion to market demand.
Key facts
- Investment: : more than €10 billion (about $11.2 billion)
- Phase 1: : 200MW, construction starting 2026; phase 2 to 600MW
- Site: : Jamsa, central Finland, on a former paper mill site closed in 2021
- Tenancy: : one anchor customer secured; long-term target of 1GW+ AI capacity in Finland
- Context: : the Nordics have drawn a series of foreign tech investments
Why it matters
Sesterce plans to spend more than €10 billion (about $11.2 billion) on an AI data center in Finland: a 200MW first phase starting in 2026, with an anchor customer secured.
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