Amazon.com Inc. has signed long-term agreements to purchase electricity from four Swedish wind farms to meet growing power demands for its data centers in the Nordic region. The new deals add nearly 200 megawatts of electricity, bringing the company's total planned supply in Sweden to over 1 gigawatt.

STOCKHOLM — Amazon.com Inc. has entered into long-term agreements to buy electricity from four wind farms located in Sweden. The move is designed to support the company's rising power needs as it expands data center capacity in the Nordic nation.

According to the company, the newly secured agreements will add nearly 200 megawatts of electricity. Once fully operational, Amazon's total contracted supply in Sweden will exceed 1 gigawatt. The four wind farms involved in the deals were developed by Eolus AB and OX2 AB, a firm owned by private equity investor EQT AB.

The agreements come as major technology firms and cloud service providers scale up electricity purchases and direct investments in energy capacity. This trend is largely driven by surging demand for cloud computing and artificial intelligence services. As part of its broader technology expansion, the e-commerce and cloud giant plans to integrate another 2 million Nvidia graphics processing units into its data center fleet between 2027 and 2028, following an initial deployment of 1 million units slated to begin installation this year.

Amazon stated that its 1 gigawatt of wind energy capacity in Sweden is equivalent to the annual electricity consumption of more than 350,000 households. However, the company did not disclose further financial or contractual details regarding the latest transactions.

Records show that Amazon was the largest corporate buyer of fossil-free energy in Sweden in 2025. On a global scale, the corporation has backed more than 700 renewable and fossil-free energy projects, with a total portfolio exceeding 40 gigawatts.

Three of the newly contracted wind farms—Boarp, Dållebo, and Fågelås—are already operational. The fourth and largest facility, Fageråsen, remains under construction. Amazon's existing operations in Sweden include established data centers in Eskilstuna, Katrineholm, and Västerås, with the company confirming that capacity will be added across all three locations.

"The massive energy demands of artificial intelligence and cloud infrastructure are reshaping how large technology corporations approach power procurement. Amazon's long-term energy agreements in Sweden demonstrate a clear link between heavy digital infrastructure scaling and direct investment in large-scale renewable power. For businesses operating in high-growth technology sectors, securing reliable, long-term power supply is becoming just as critical as managing traditional supply chains and capital expenditure." — Dr. Shishir Gupta, Founder & CEO, StartupLanes

Recent StartupLanes Articles

Browse through our 30 latest publications on venture capital, startups, and angel investing.