Yesterday, May 14. at 14.00 Fortum Energia AS and Saue Town Government signed a contract according to which Fortum Energia AS acquired 100% shares of AS Saue Thermo. Price for the deal was EEK 6 million. Additionally Fortum Energia AS is obliged to invest EEK 12,5 million to Saue heat business.
AS Saue Thermo is a company supplying heat to the whole town of Saue. The company was fully owned by Saue Town Government before the deal.
Fortum Energia AS is a subsidiary of a Finnish energy giant Fortum OY involved in electricity (Fortum Läänemaa AS, Fortum Viimsi AS) ja heat business (Fortum Termest AS, Fortum Põltsamaa AS, Rakvere Soojus AS, Viru Energia AS).
Fortum Energia AS
tel. (+372) 6 678 600, GSM (+372) 051 45 694
Saue Town Government
tel. (+372) 6 790 170