Amazon locks in 200 MW from Swedish wind farms for AI data centers
Amazon contracted 200 MW from four Swedish wind farms, boosting its Nordic capacity to 1 GW as hyperscalers scramble for power to fuel AI data-center expansion.
Amazon.com Inc. signed long-term power-purchase agreements for four wind farms in Sweden, adding almost 200 megawatts of capacity as the company races to secure electricity for its expanding data-center fleet in the Nordics.
The deals bring Amazon’s total contracted wind capacity in Sweden to more than 1 gigawatt once the farms are fully operational, the company said in emailed comments. The projects are developed by Eolus AB and OX2 AB, the latter owned by private equity firm EQT AB. The wind farms Boarp, Dållebo and Fågelås are already generating power; the largest, Fageråsen, is under construction.
Amazon’s Swedish data centers in Eskilstuna, Katrineholm and Västerås will absorb the additional supply. “Capacity will be added across all three locations,” the company said.
The deals underscore a broader push by hyperscalers to lock in renewable energy as cloud and AI workloads drive exponential power demand. Amazon alone plans to install 2 million more Nvidia graphics processing units in 2027 and 2028, on top of 1 million it previously said would begin deployment this year. Each GPU cluster requires substantial electricity, making long-term power contracts a strategic priority.
Amazon was the largest corporate buyer of fossil-free energy in Sweden in 2025, and globally it has invested in more than 700 renewable projects with a portfolio exceeding 40 gigawatts. The 1 gigawatt of Swedish wind capacity is enough to power the equivalent of 350,000 households annually, the company said.
The read-through for the sector is straightforward: hyperscalers’ appetite for renewables is accelerating, benefiting developers like Eolus and OX2 and reinforcing the build-out of wind capacity in regions with cheap power and favorable grid access. For Nvidia, Amazon’s GPU purchase commitments signal sustained demand for AI chips well into 2028.
Amazon’s AMZN stock page carries an Alpha Score of 53 out of 100, labeled Mixed. The stock traded at $256.26, down 1.54% on the session.
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