Fortum has signed an agreement to sell its district heating business in Joensuu, Finland to Savon Voima Oyj. The total consideration on a debt- and cash-free basis is approximately EUR530 (US$587) million.
The transaction is subject to customary closing conditions and is expected to be completed in the first quarter of 2020.
TuuliWatti Oy has selected Saft Groupe SA, a unit of Total SA, to provide lithium-ion (Li-ion) energy storage system (ESS) for the 21 MW Viinamäki wind project in Finland. T...
Read moreVestas has received an order from EPV Energia, a Finish energy company for 21 V150-5.6 MW turbines for the Paskoonharju II wind energy project in the municipality of Teuva, Finland. To maximise energ...
Read moreYIT has sold its first self-developed wind power project to Suomen Hyötytuuli Oy. The subject of the transaction is the Peuralinna wind power project in the municipality of Kyyjärvi. The pr...
Read moreThe Danish Energy Agency (DEA) has approved Gazprom´s application for the final section of the EUR 9 billion (USD 10 billion) Nord Stream-2 gas pipeline which will transport natural gas fro...
Read moreFortum has signed a 12 year PPA with Finnish oil company Neste for the 90 MW Kalax Onshore Wind Farm in Närpiö, Finland. The construction of the Kalax wind farm was started in the spring of...
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