Fortum

ESPOO, 03-Oct-2017 — /EuropaWire/ — Fortum has made a final investment decision on the Sørfjord windfarm in Northern Norway. Sørfjord is part of the wind portfolio that Fortum acquired from Nordkraft earlier this year. The Sørfjord wind park will have 23 … Read the full press release →

ESPOO, 03-Oct-2017 — /EuropaWire/ — At the most recent Assembly of the Academy Pekka Lundmark and five other international members were inducted. To be inducted as a member is considered to be both an honor and an acknowledgement of outstanding contributions. … Read the full press release →

ESPOO, 03-Apr-2017 — /EuropaWire/ — Fortum and Ekokem teamed up in 2016 to form a major Nordic circular economy company. Following the successful integration of Ekokem’s operations, Ekokem will now also become Fortum. Ekokem’s brand will be changed to Fortum from … Read the full press release →

ESPOO, 03-Apr-2017 — /EuropaWire/ — Mayor of Espoo Jukka Mäkelä and Fortum President and CEO Pekka Lundmark signed an agreement on 28 March 2017 to continue the implementation of shared energy targets and the development of city solutions in Espoo. “EU studies … Read the full press release →

ESPOO, 20-Mar-2017 — /EuropaWire/ — The joint venture Kauno Kogeneracinė Jėgainė (KKJ), owned by Fortum and Lietuvos Energija, will build a waste-to-energy combined heat and power plant (CHP) in Kaunas, Lithuania. On 16th March KKJ signed contracts for the main equipment … Read the full press release →

ESPOO, 11-Jan-2017 — /EuropaWire/ — The transaction consists of the Nygårdsfjellet wind farm, which is already operational, as well as the fully-permitted Ånstadblåheia and Sørfjord projects. Fortum is preparing for the construction of the Ånstadblåheia and Sørfjord projects, expected to be commissioned in … Read the full press release →

Renewable waste heat from Sonera’s future data centre in Helsinki will be recycled and used to heat roughly 20,000 Finnish households. HELSINKI, 09-Nov-2016 — /EuropaWire/ — The data centre at Pitäjänmäki in Helsinki will become the largest in the country once … Read the full press release →

HELSINKI, 18-Oct-2016 — /EuropaWire/ — Fortum’s combined heat and power plant Chelyabinsk GRES was inaugurated today in Russia. Chelyabinsk GRES unit 1 has been in commercial operation since December 2015 and unit 2 since March 2016. Speaking at the inauguration event, Fortum’s President … Read the full press release →

Nebbenes, Norway, 06-Sep-2016 — /EuropaWire/ — Fortum Charge & Drive and Tesla’s charging station was opened on 1 September in Norway and is the world’s largest charging station with 28 charging points where all types of modern electric vehicles can be … Read the full press release →

ESPOO, 06-Sep-2016 — /EuropaWire/ — On 31 August 2016 Fortum announced that it has completed the acquisition of Ekokem Corporation. From the end of August 2016 onwards, Ekokem will be integrated into Fortum Group as a business area of the City … Read the full press release →

ESPOO, 06-Sep-2016 — /EuropaWire/ — Fortum invites start-ups, software developers and service designers to apply to take part in the “Hack the Solar” hackathon on 21–23 October. The event will bring together the brightest minds to improve the solar panel purchasing … Read the full press release →

ESPOO, 30-May-2016 — /EuropaWire/ — Fortum has signed an agreement with the four biggest owners of Ekokem Corporation, representing approximately 81% of the shares, to acquire their  shareholding in the company for approximately EUR 470 million. This would correspond to a debt … Read the full press release →

ESPOO, 12-Apr-2016 — /EuropaWire/ — Fortum’s solar strategy targets a wider geographic scope than the company’s current business portfolio, and hence will entail entering selected new locations globally. Fortum will carefully select a few geographies with excellent solar conditions. With technologies … Read the full press release →

ESPOO, 12-Apr-2016 — /EuropaWire/ — Fortum has acquired the Swedish IT company Info24, a company specialised in the development of business solutions within the IoT, Internet of Things. The parties have agreed that they will not disclose the transaction price. Fortum and Info24 … Read the full press release →

Espoo, Finland, 3-12-2015 — /EuropaWire/ — The Swedish power company Eskilstuna Energi & Miljö refurbishes its biofuel-driven thermal power station. The aim is to secure supply of district heating for the next 20 years and to reduce NOx emissions by 5 – … Read the full press release →

ESPOO, 24-11-2015 — /EuropaWire/ — Fortum will supply a boiler unit refurbishment project at a biofuel-fired combined heat and power plant owned by Eskilstuna Energi & Miljö AB in Sweden. Fortum was selected as a provider for the project on the … Read the full press release →

HELSINKI, 8-6-2015 — /EuropaWire/ — OAO Fortum and Skolkovo Foundation have signed a cooperation agreement on establishing a R&D centre for advanced energy technologies. The R&D cooperation targets to improve the efficiency and reliability of heat grids and enhance energy … Read the full press release →

HELSINKI, 8-6-2015 — /EuropaWire/ — Fortum has today completed the divestment of its Swedish electricity distribution business, which was announced on 13 March 2015. The transaction has all the necessary regulatory approvals and the customary closing conditions have been met. The total consideration … Read the full press release →

HELSINKI, 7-4-2015 — /EuropaWire/ — Pekka Lundmark, M.Sc. (Eng.), 51, has been appointed President and CEO of Fortum Corporation. He will start at Fortum in the beginning of September 2015, and will transfer from Konecranes Plc, where he has been President and CEO … Read the full press release →