FORTUM SELLS ITS SHARES IN ETELÄ-POHJANMAAN VOIMA

Fortum sells its 27.9% share of Etelä-Pohjanmaan Voima Oy (EPV) to a consortium, which comprises Helsingin Energia, Kymppivoima Oy, Lahti Energia Oy, Perhonjoki Oy, TXU Nordic Energy Oy, and Vantaan Energia Oy. This transaction comes into effect on 1 September 2001, and the selling price is FIM 279 million (EUR 47 million).

 

This deal is part of the optimisation of Fortum’s electricity production structure.

 

Fortum Corporation

  

Further information:
Tapio Kuula, Sector Head, tel.
+358 10 45 24112

Timo Karttinen, President, Power Portfolio Management and Trading, tel. 010 45 36555