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Cartis diligence evidence schedule

Microsoft Southern Finland Data Center Region

PRJ-0131 · Program · Espoo / Kirkkonummi / Vihti, Uusimaa, Finland

Record last updated Oct 28, 2026

Scope and capacity

On April 28, 2026, Microsoft announced a decision to proceed with second-phase construction and reported permits at all three Southern Finland campuses. It targeted completion of first-phase construction around the end of 2026 and beginning of 2027, followed by commissioning preparations and a separate opening announcement. This does not establish that the cloud region is open or that second-phase construction had started at every campus. Microsoft Southern Finland Data Center Region is in Espoo / Kirkkonummi / Vihti, Uusimaa, FI and is a program under development.

Headline: See constituent sites

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Physical campus count · 3 campuses

Actual · Microsoft Southern Finland Data Center Region (Project)

Claim 15038 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Corroborating

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

  2. Fortum has started heat production at two large data-centre sites

    Fortum · Document date: May 27, 2026 · Corroborating

    Source reference: SRC-0879 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.fortum.com/en/media/2026/05/fortum-has-started-heat-production-two-large-data-centre-sites-finland

  3. Microsoft to begin second construction phase in Vihti during 2026

    Vihti Business · Document date: Apr 28, 2026 · Corroborating

    Source reference: SRC-0876 · Government record · Recorded authority: Official primary

    Source URL

    https://www.vihtibusiness.fi/en/uutiset/microsoft-kaynnistaa-tana-vuonna-datakeskusalueen-toisen-vaiheen-rakentamisen-vihdissa/

  4. Fortum to invest approximately EUR225 million in waste-heat projects

    Fortum · Document date: Jun 14, 2023 · Corroborating

    Source reference: SRC-0878 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.fortum.com/en/media/2023/06/fortum-invest-approximately-eur-225-million-waste-heat-projects-espoo-and-kirkkonummi-finland

  5. Fortum and Microsoft announce waste-heat collaboration

    Fortum · Document date: Mar 17, 2022 · Corroborating

    Source reference: SRC-0877 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.fortum.com/en/media/2022/03/fortum-and-microsoft-announce-worlds-largest-collaboration-heat-homes-services-and-businesses-sustainable-waste-heat-new-data-centre-region

  6. Microsoft Finland datacenter community hub

    Microsoft Local · Document date: Not stated · Primary

    Source reference: SRC-0872 · Company announcement · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/communities/emea/suomidc/

  7. Espoo datacenter project overview

    Microsoft Local · Document date: Not stated · Corroborating

    Source reference: SRC-0873 · Company announcement · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/blog/espoo-datacenter-project-overview/

  8. Vihti datacenter project overview

    Microsoft Local · Document date: Not stated · Corroborating

    Source reference: SRC-0875 · Company announcement · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/blog/vihti-project-overview/

  9. Data centres in the Helsinki region

    Fortum · Document date: Not stated · Corroborating

    Source reference: SRC-0883 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.fortum.com/services/heating-cooling/data-centres-helsinki-region

Reported 2025 operational activity · €37 million

Source report · Microsoft Southern Finland Data Center Region (Project)

Claim 15039 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Primary

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

Construction activity since 2023 · €200 million

Source report · Microsoft Southern Finland Data Center Region (Project)

Claim 15040 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Primary

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

Projected 2026 2028 economic activity · €1.29 billion

Source report · Microsoft Southern Finland Data Center Region (Project)

Claim 15041 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Primary

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

Projected 2026 2028 local construction related jobs · 12,650 jobs

Actual · Microsoft Southern Finland Data Center Region (Project)

Claim 15042 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Primary

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

Projected 2028 operational activity · €143 million

Source report · Microsoft Southern Finland Data Center Region (Project)

Claim 15043 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Primary

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

Projected 2028 local jobs · 725 jobs

Actual · Microsoft Southern Finland Data Center Region (Project)

Claim 15044 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Economic impact of Microsoft's Finland datacenter region

    Microsoft · Document date: Jul 1, 2026 · Primary

    Source reference: SRC-0880 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://local.microsoft.com/wp-content/uploads/2026/07/Economic-Impact_Finland_English_FY26Q4.pdf

Counterparties and capital

Fortum Oyj · Contractor · CMP-0472

Microsoft · Developer · CMP-0017

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.