Fortum to build more wind power in Sweden

FORTUM CORPORATION PRESS RELEASE 17 November 2015

Fortum and Skellefteå Kraft, a Swedish energy company, will build the fourth phase of the Blaiken wind farm in Sweden consisting in total of 9 wind turbines. Skellefteå Kraft will be responsible for the investment of six of the turbines while Fortum will invest in three turbines. The value of Fortum's investment is approximately EUR 10 million. The new wind turbines are expected to start production in 2017.

With its current 90 wind turbines, Blaiken Wind is one of the biggest onshore wind farms in Europe. Fortum owns 12 of these 90 turbines. Its annual production is estimated to be between 600 and 720 GWh, which is equivalent to the annual electricity consumption of 150,000 households. The construction of the wind farm began in 2011.

Per Langer, Executive Vice President, Hydro power and technology division, Fortum, says that Fortum is very happy to continue the good cooperation with Skellefteå Kraft, which has long experience in wind power production.

Fortum Corporation
Corporate Communications

Further information:
Jens Bjöörn, Senior Manager, Corporate Relations, +46 70 298 41 25

Fortum
Fortum’s purpose is to create energy that improves life for present and future generations. Fortum’s expertise is in CO2-free and efficient electricity and heat production. The company also offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s main areas of operation are the Nordic and the Baltic countries, Russia and Poland. In 2014, the annual sales (excluding the divested electricity distribution business) totalled EUR 4.1 billion, and comparable operating profit was EUR 1.1 billion. The company employs approximately 8,000 people. Fortum’s share is listed on Nasdaq Helsinki. www.fortum.com

About Us

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 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2017, our sales were EUR 4.5 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

Subscribe