Fortum

Built World

Minority owner of Posiva (40%)

Finland's government granted the world's first operating licence for a permanent spent-fuel repository on 22 October. The Onkalo facility sits about 430 metres down in 1.9-billion-year-old bedrock beside the Olkiluoto nuclear plant on the country's west coast.

Updated Oct 30

Money Moves

As of September 2026: Partner — operates Finland's Loviisa nuclear plant

Google announced a €13 billion ($15.1 billion) plan to build AI data centers across four Finnish sites, its largest single investment in Europe. The 2027-2028 construction phase covers new campuses in Hamina, Kajaani, Muhos, and Vaala.

Updated Sep 10