2013 – 2014: Divestment of distribution networks
The strategic assessment of future alternatives for our electricity distribution business started in 2013. After thorough consideration, we concluded that divesting the electricity distribution business was the best solution for the business and its customers, as well as for our shareholders and our other businesses. We viewed a focus on the production and sales of electricity and heat as best for improving our long-term value creation. In March 2014, we completed the divestment of our Finnish electricity distribution business.