Neocloud vendor Nebius revealed plans to build a 310MW data center in Lappeenranta, Finland.
The Netherlands-based AI infrastructure company said the site will go online in staggered phases starting in 2027.
The development follows Nebius’s recent expansion of its first Finnish data center, in Mäntsälä, to 75MW, completed earlier this year. Further expansion in Finland is expected as the company scales its regional footprint.
In a statement on Tuesday, CEO Arkady Volozh described the project as “a significant addition to our global AI infrastructure build-out,” contributing to the company’s long-term capacity targets.
As demand for high-performance compute continues to surge, Nebius said its AI factories will deploy the latest Nvidia accelerated computing platforms, including Blackwell and the upcoming Rubin architecture. Its Mäntsälä site already hosts Europe’s first operational deployment of Nvidia’s GB300 NVL72 platform, with plans to introduce Vera Rubin NVL72 systems later this year.
Finnish developer Polarnode has already started construction of the site.
Headquartered in the Netherlands but listed in the U.S., Nebius has emerged as one of Europe’s leading neocloud providers of AI compute. Targeting more than 3GW of contracted power by the end of 2026, the vendor is working to build out a global network of purpose-built AI infrastructure.
In the EMEA region alone, Nebius has secured more than 750MW of contracted power across owned sites and co-location facilities. Alongside its Finnish operations, the company is also developing a 240MW AI factory near Lille, France.
Earlier this month, the company also received the green light to build a gigawatt-scale AI factory in Independence, Missouri.
The Nebius plan joins growing momentum across Europe’s AI sector, with rising infrastructure investments to help the continent compete with U.S. operators.
This week, French startup Mistral secured $830 million in debt financing for a data center near Paris, following a $1.37 billion plan revealed earlier this year to expand compute capacity in Sweden.
U.K.-based Nscale has also raised $2 billion to develop AI data centers across the U.K., Europe and the U.S, with Nvidia tipped as a potential partner.
