Latest Fortum News & Updates

See the latest news and media coverage for Fortum. We track all announcements, press releases, and industry mentions in real time, all in one place.

Fortum

Nordic clean energy producer and services provider

fortum.com

Headquarters: Espoo, Finland
Company type: Public company
Number of employees: 5,000–10,000

Last updated Today

Latest news about Fortum

In short: Fortum reported strong Q1 2026 results and advanced its decarbonization strategy through new heat pump plants and nuclear fuel partnerships.

Company announcements

June 15 Fortum

Fortum appoints members to Shareholders' Nomination Board for 2026-2027

Maija Strandberg chairs the board, with Mikko Mursula and Risto Murto as members.

June 2 Fortum

Fortum applies for permits for pumped hydro storage projects

The two projects in Bastvålen and Lekstjärnen have a combined 864 MW capacity and aim to provide long-duration storage.

May 6 Fortum

Fortum starts heat production at two Finnish data centre sites

Heat pumps and electric boilers operate in Kolabacken and Hepokorpi. Waste heat from Microsoft data centres will cover 40% of district heat demand. Investments total 225 million euros.

April 29 Fortum

Fortum reports strong Q1 2026 results

Comparable EBITDA reached EUR 600 million due to higher power prices and generation volumes. Operating profit was EUR 536 million.

Media coverage

June 4 Yle

Administrative Court: Fortum has no right to short-term regulation at the Tainionkoski power plant in Imatra

The Administrative Court upheld the decision previously given by the Regional State Administrative Agency. Fortum does not comment, the Nature Conservation League is satisfied.

June 2 ESS News

Fortum seeks permits for 864 MW of pumped hydro storage in Sweden - Energy Storage

The decision for Fortum to proceed with its two pumped hydro storage projects depends on the Swedish Land and Environment Court. No investment decisions have...

May 29 Kaleva

Fortum will also stop consolidating its Russian operations, meaning it will no longer treat them as part of the company's income and balance sheet, but classify them as discontinued operations.

CEO Markus Rauramo stated that Fortum has invested a total of approximately six billion euros in Russia since 2008, which includes both acquisitions and investments in the country. ...

May 19 Helsingin Sanomat

Germany sells energy company Uniper

The German state sells its rescued Uniper shares back to the market. Uniper ownership almost destroyed Fortum in 2022.

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