Fortum launches a voluntary cash tender offer for Elmera shares
The transaction offers a fifty nine percent premium and expands Fortum Consumer Solutions across the Nordic region while delivering expected operational synergies.
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Nordic clean energy producer and services provider
fortum.comLast updated
In short: Fortum signed a major nuclear power deal with Google, secured clearance for its Elmera acquisition, and announced a 2027 coal exit.
The transaction offers a fifty nine percent premium and expands Fortum Consumer Solutions across the Nordic region while delivering expected operational synergies.
The agreement enables the utilization of up to 1000 megawatts of wind energy potential in Eastern Finland through land lease agreements. The goal is to promote electrification and energy self-sufficiency.
She starts October 15, 2026, reporting to the Executive Vice President of Corporate Customers & Markets following her departure from Metso.
According to STUK's assessment, the safety requirements are met, and this is the world's first final disposal facility for spent nuclear fuel in the operating license phase. Posiva is a joint venture between Fortum and Teollisuuden Voima.
Sweden promised billions in subsidies for the construction of new nuclear power plants, which Finnish Fortum is also aiming for. However, the future of these subsidies hangs in the balance during Sunday's elections, writes Sanna Pekkonen, Kauppalehti's Stockholm correspondent.
Fortum has stated that it is planning to build a power plant next to the two existing reactors, which together have a capacity of 1,100 megawatts. A 300-hectare plot of land has already been acquired. Fortum needs companies to join the project...
Google and Fortum have entered into what is believed to be an unprecedented nuclear power electricity purchase agreement in Finland. It is also record-breaking on a European scale. An expert explains what kind of impact...
Shares jumped after the Nordic energy company signed a deal with Google to power data centers in Finland.
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