“Google’s deal will begin with it receiving a smaller amount of electric capacity, before it expands to allow for the purchase of up to 50% of the plant’s capacity from 2030-49.”
The press release is about AI investment. The contract is about buying half a nuclear plant’s output for twenty years. Google’s money is what keeps Loviisa running to 2050, and Finland gets datacenters on the other side of that trade. Half of a national power asset now has one customer, and the rest of the grid competes with Gemini for the remainder.