Fortum–Google nuclear deal seen as boost for European data centers
Citi analyst Piotr Dzieciolowski says Fortum’s nuclear power deal with Google could have favorable implications for valuation and the European data-center buildout story.
Fortum's nuclear power deal with Google could have favorable implications not only for the Nordic energy company's valuation, but also for the European data-center buildout story, Citi analyst Piotr Dzieciolowski wrote. The deal has a long duration, is material in size, and appears to be priced at a sub...