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Fortum-RUSNANO wind investment fund starts cooperation in the Kalmykia Region in Russia

10 October 2018, 09:10 EEST

FORTUM CORPORATION ONLINE NEWS 10 October 2018

The Government of the Kalmykia Region in Russia, and Fortum-RUSNANO wind investment fund have entered into a non-binding cooperation agreement to build up to 450 MW of wind power plants in 2018–2021. A separate investment decision will be made for each project.

The Fortum-RUSNANO wind investment fund is a 50/50-owned investment partnership. Following the results of competitive selections of RES investment projects, the Fund won the right to build nearly 2 GW of wind power facilities. Wind farms are to be commissioned in 2019–2023.

Fortum Corporation
Group Communications


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