Fortum reports improved Q3 operating profit
Higher nuclear volumes drive results. The company signs a historic 22-year PPA and acquires Elmera Group to strengthen Nordic consumer solutions.
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.
Nordic clean energy producer and services provider
fortum.com- Headquarters
- Espoo, Finland
- Company type
- Public company
- Number of employees
- 5,200–10,000
- Industry
- Multiline Utilities
Last updated
Latest news about Fortum
In short: Fortum signed a landmark Google nuclear PPA, acquired Elmera, and reported improved Q3 results.
Company announcements
Fortum announces settlement and results of its Elmera tender offer
Fortum received acceptances for approximately 91.61% of Elmera shares. Regulatory approvals and minimum acceptance conditions are satisfied, with settlement expected around October 23, 2026.
Fortum partners with Google for nuclear power PPA
A landmark agreement secures 50% of Loviisa plant capacity until 2050, providing economic certainty for a €1 billion extension and exploring new nuclear projects.
Fortum partners Teuva to develop low-carbon site
The 70-hectare Kärppiö location supports green hydrogen production, leveraging local infrastructure for energy-intensive industries under a land reservation agreement.
Media coverage
The Global AI Buildout in 122 Deals
Google signed a 22-year nuclear power purchase agreement with Fortum for the Loviisa plant in Finland.
Electricity prices remain affordable despite the Google contract, Fortum's Rauramo assures
Fortum has sold half of the electricity production from the Loviisa nuclear power plant to Google for decades. In response to growing electricity demand, Fortum is increasing production.
Finland's Fortum lags profit estimates, trims nuclear generation forecast
Finnish utility Fortum reported a third-quarter operating profit slightly below market expectations and trimmed its nuclear generation forecast on Wednesday, but said long-term electricity demand...
Fortum profit miss pressures shares as Finland data centre demand underpins outlook
Fortum's quarterly profit miss pressures shares, but strong long-term demand from Finland data centres underpins its positive ...
Never miss news about Fortum
Track Fortum and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Fortum competitors & trending companies
Browse news for competitors to Fortum and other trending companies.