Latest news
Finland’s Fortum will sell Swedish electricity grid for $6.9 billion
Finnish utility Fortum has decided to sell its Swedish power distribution business to a conglomerate comprising Canada's Borealis for approximately 6.6 billion euros ($6.9 billion), finalizing its withdrawal from Nordic electricity grid assets.
read more... 16/03/2015
Finland signs electricity export agreement with Russia
Finland on Friday signed an accord that permits power exports to Russia from the beginning of December, as stated by its grid firm Fingrid, making two way flows on the connection that had been employed for imports.
read more... 10/11/2014
E.ON sells stake in Finnish Gasum Oy
E.ON has today decided to vend its 20 percent stake in the Finnish natural gas firm Gasum Oy to the Finnish State. Gasum Oy is in charge for the import, distribution and sale of natural gas in Finland.
read more... 03/11/2014
Areva-Siemens increases claim to $4.4 billion over Finnish reactor postponements
The French-German conglomerate Areva-Siemens, the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has raised its claim against Finnish utility Teollisuuden Voima (TVO), as stated by TVO late on Friday.
read more... 27/10/2014
Fortum will start sale of Swedish grid this month
Finland's Fortum this month will initiate the auction of its Swedish power grid, estimated at approximately 6 billion euros ($7.5 billion), according to three sources familiar with the matter.
read more... 07/10/2014