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Flash·Companies & Capital·2026-10-08 15:25

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.

HIMIAO Horizon·2026-10-08 15:25·1 min read

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Modern AI data center campus in Finnish pine forest, with white headline 'Sesterce to invest $11B in Finland AI data centers'
Sesterce plans a more-than-€10 billion AI data center campus in central Finland

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

  1. Investment: : more than €10 billion (about $11.2 billion)
  2. Phase 1: : 200MW, construction starting 2026; phase 2 to 600MW
  3. Site: : Jamsa, central Finland, on a former paper mill site closed in 2021
  4. Tenancy: : one anchor customer secured; long-term target of 1GW+ AI capacity in Finland
  5. 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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SourcesReuters (Oct 8, source). Compiled from public information; not investment advice.

From HIMIAO Horizon · himiao.ai

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