Investor news

Fortum concludes the divestment of DUON Dystrybucja S.A. in Poland

28 July 2017, 14:30 EEST


Fortum has today concluded the divestment of its 100%-shareholding in the
Polish gas infrastructure company DUON Dystrybucja S.A. Fortum announced on 26
May 2017 that it is selling its shareholding to Infracapital, the
infrastructure investment arm of M&G Investments. The parties have agreed not
to disclose the sales price. The sale is expected to have a minor positive
impact on Fortum's results.

Fortum Corporation

Måns Holmberg, Acting Head of Investor Relations and Financial Communications

Further information:
Rauno Tiihonen, Manager, Investor Relations, tel. +358 10 453 6150 and
investors [at] fortum [dot] com

Nasdaq Helsinki
Key media

Fortum is a leading clean-energy company that provides its customers with
electricity, heating and cooling as well as smart solutions to improve resource
efficiency. We want to engage our customers and society to join the change for
a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic
countries, Russia, Poland and India, and 62% of our electricity generation is
CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on
Nasdaq Helsinki. 

Infracapital is the infrastructure investment arm of Prudential Plc.
Infracapital has raised and managed over £3.0 billion in European
infrastructure, and has a team of 32 investment professionals with extensive
investment, management and operational expertise. Infracapital’s approach to
investment offers long-term value through two complementary strategies
investing in both the greenfield and operational stage of essential
infrastructure assets across Europe. Target sectors include utilities,
essential transportation, renewables and communications infrastructure.