7 June 2010
Lease contract to end for Fortum's share of the Meri-Pori power plant
Fortum's 308-megawatt share of the Meri-Pori power plant's production capacity
will be reverted to the company's own use on 1 July 2010. Fortum's share has
been leased since 1 January 2007. The fixed-period lease on the share of
production capacity was one of the conditions set by the Finnish Competition
Authority for approval of Fortum's acquisition of E.ON Finland in summer 2006.
The Meri-Pori condensing power plant is owned jointly by Fortum and
Teollisuuden Voima and is located in Tahkoluoto, Pori, Finland. The power
plant was commissioned in 1993 and is one of the lowest emitting and most
efficient coal-fired power plants in the world. The plant's total electricity
production capacity is 565 megawatts.
Vesa Maso, General Manager, Technology & Thermal, Nuclear & Thermal, Fortum
Power Division, tel. +358 40 830 7859