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Nebius to Build AI Factory in Finland, Creating 800 Jobs

3/31/2026

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Story summary
  • Nebius, a Dutch cloud company, is building an AI factory in Lappeenranta, Finland, with 310 MW capacity equivalent to three hyperscale data centres.
  • The facility uses a closed-loop liquid cooling system to minimize water use and redirect heat for local heating.
  • The project will create 700 construction jobs and 100 permanent positions.
  • Nebius aims to supply 2.5 GW by 2026, reach 3.3 GW by 2030, and be operational by 2027.