Tag Archives: Fortum

wpd europe GmbH buys Finish wind farm project Tohkoja from Fortum

Bremen, Germany, 17-1-2014 — /EuropaWire/ — wpd europe GmbH buys the wind farm project Tohkoja, situated on Finland’s west coast, from Finnish energy provider Fortum. wpd is planning the project with up to 26 wind turbines and an overall capacity of up … Read the full press release

Fortum agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy for EUR 2.55 billion

Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy, which is owned by a consortium of Finnish pension funds Keva (12.5%) and LocalTapiola Pension (7.5%) together with international … Read the full press release

Fortum announced it decided to divest its electricity distribution business

Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has completed the assessment of the future alternatives of its electricity distribution business that was launched in January 2013. After thorough consideration, the company has concluded that divesting the electricity distribution business is the best solution … Read the full press release

Rolls-Royce wins nuclear engineering services contract by Russian state-owned nuclear company Rosatom

05-9-2013 — /EuropaWire/ — Rolls-Royce has been awarded a nuclear engineering services contract by Rosatom, the Russian state-owned nuclear company. In a separate agreement, Rolls-Royceannounced that it will collaborate with Rosatom and Finnish nuclear utility company Fortum on an initial project to assess the … Read the full press release

Maintpartner Finland signs major hydropower operation and maintenance outsourcing contract with Fortum

28-8-2013 — /EuropaWire/ — Maintpartner Finland and Fortum have signed a three-year operation and maintenance agreement regarding Fortum’s hydropower plants in the Oulujoki and Imatra regions. Under the agreement, the local operation and maintenance personnel of Fortum’s hydropower plants will transfer to … Read the full press release

Fortum and Maintpartner signed 3-year operation and maintenance agreement regarding Fortum’s hydropower plants in Oulujoki and Imatra, Finland

28-8-2013 — /EuropaWire/ — Fortum and Maintpartner have signed a three-year operation and maintenance agreement regarding Fortum’s hydropower plants in the Oulujoki and Imatra regions of Finland. Under the agreement, the local operation and maintenance personnel of Fortum’s hydropower plants will transfer … Read the full press release

Fortum says EU emissions trading scheme needs to be renovated urgently

4-7-2013 — /europawire.eu/ — Fortum commends today’s voting result in the European Parliament whereby the amendment of the emissions trading directive regarding backloading was adopted with votes 346-308. The voting result means a temporary withdrawal of 900 million allowances from the market in 2013-2015. … Read the full press release

Fortum agreed to sell its 33% holding in Norwegian Infratek ASA for EUR 37M to fund advised by Triton

3-7-2013 — /europawire.eu/ — Fortum has agreed to sell its 33% holding in Norwegian Infratek ASA to a fund managed by Triton. The sales price is approximately EUR 37 million. The divestment is in line with Fortum’s aim to strengthen its strategic … Read the full press release

Fortum acquired district heat operations in Tartu, Estonia from Eraküte

3-7-2013 — /europawire.eu/ — Fortum has agreed to acquire district heat operations in the city of Tartu in Estonia from the Estonian district heat company Eraküte. The district heating network accounts for approximately 20% of the whole Tartu network and is the fastest … Read the full press release

Fortum files complaint to EC on Swedish plans of increasing real-estate tax for hydropower

2-7-2013 — /europawire.eu/ — The Swedish State is planning to increase the real-estate tax for hydropower as of 2013. The tax is based on the production volumes and according to preliminary information, it will increase the share of tax from the … Read the full press release