Today Fortum closed the transaction whereby it sells Fortum Energie GmbH to E.ON Energie AG in Germany for a consideration of EUR 545 million. Fortum obtained a capital gain of some EUR 140 million from this transaction.
The deal includes the electricity sale and supply activity of Fortum Energie and the businesses of the regional electricity distributor Elektrizitätswerk Wesertal GmbH. In 2001, Fortum Energie’s net sales amounted to some 270 million euro. The divested companies have more than 600 employees.
Senior Vice President, Corporate Communications
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