﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Cision News</title><link>https://news.cision.com</link><description>Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations.</description><pubDate>Tue, 09 Jun 2026 19:47:23 GMT</pubDate><image><title>Cision News</title><width>146</width><height>60</height><link>https://news.cision.com</link><url>https://news.cision.com/Content/img/news-logo.png</url></image><item><title>TVO has signed a new EUR 800 million Green Revolving Credit Facility</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/tvo-has-signed-a-new-eur-800-million-green-revolving-credit-facility,c4351114</link><guid isPermaLink="false">cision5366879</guid><description><![CDATA[Teollisuuden Voima Oyj (TVO) has today signed a new revolving credit facility (the "Facility") of EUR 800 million.
The Facility refinances TVO’s existing revolving credit facility signed in June 2022 and consists of a single EUR 800 million 3-year tranche. The tranche includes two one-year extension options. The Facility is aligned with TVO’s Green Finance Framework prepared in accordance with the ICMA Green Bond Principles and the LMA Green Loan Principles and supports the company’s strategy to finance EU Taxonomy-aligned nuclear generation at the Olkiluoto plant site.

The transaction]]></description><pubDate>Wed, 20 May 2026 13:50:53 GMT</pubDate></item><item><title>Posiva’s Annual report 2025 published</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/posiva-s-annual-report-2025-published,c4341248</link><guid isPermaLink="false">cision5352028</guid><description><![CDATA[During 2025, Posiva developed its readiness towards transitioning from the project phase to the production capabilities. The deepening of Posiva’s company culture continued and new ways of working were introduced. During the year, extensive leadership coaching was implemented and the cornerstones of operation, which apply to the entire personnel, were defined and published.
As evidence of a positive change in our company culture, we received recognition for being among Finland’s most inspiring workplaces at the end of the year; this was supported by our best-ever results from the personnel]]></description><pubDate>Tue, 28 Apr 2026 09:26:30 GMT</pubDate></item><item><title>Changes in the TVO’s Executive Team</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/changes-in-the-tvo-s-executive-team,c4335141</link><guid isPermaLink="false">cision5343263</guid><description><![CDATA[Teollisuuden Voima Oyj (TVO) is renewing its strategic objectives and aligning its operations with the needs of a transforming energy sector. As part of the development of operations, there has been and will be made changes in the TVO’s Executive Team.
As of 15th April 2026, the responsibilities of CFO Joni Juuri will be expanded to include Group Procurement, in addition to finance, treasury, risk management, IT and sustainability.

At the same time, Pekka Frantti, who has previously been responsible for OL3 commercial matters, Group Procurement and the development of legal affairs, will]]></description><pubDate>Wed, 15 Apr 2026 08:06:43 GMT</pubDate></item><item><title>Two plant units to undergo annual outages at Olkiluoto this spring</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/two-plant-units-to-undergo-annual-outages-at-olkiluoto-this-spring,c4330539</link><guid isPermaLink="false">cision5337020</guid><description><![CDATA[Electricity production at the Olkiluoto 2 plant unit (OL2) will be shut down for a refuelling outage on Monday, 6 April. Following the completion of this outage, on Sunday, 19 April, the service outage for Olkiluoto 1 will begin and last until mid-June.
The refuelling outage for OL2, which will begin on Monday, is expected to last for approximately ten days. Various annual preventive maintenance tasks, inspections, repairs and tests will be carried out at the plant unit in addition to refuelling. The plant unit’s power reduction for the annual outage will begin already on Sunday, April 5,]]></description><pubDate>Thu, 02 Apr 2026 07:01:06 GMT</pubDate></item><item><title>A new member join Teollisuuden Voima Oyj's Board of Directors</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/a-new-member-join-teollisuuden-voima-oyj-s-board-of-directors,c4327963</link><guid isPermaLink="false">cision5333143</guid><description><![CDATA[The resolutions passed in the Annual General Meeting of Teollisuuden Voima Oyj (TVO) on 27 March 2026 included the confirmation of the Financial Statements for the financial year 2025, the discharge of the members of the Board of Directors and the Presidents and CEOs from liability, and the election of the members of the Board of Directors.
Janne Mokka was elected as a new Board member. Tiina Tuomela left the Board.

- During her tenure, Tiina Tuomela has made a significant contribution to the Company’s development and governance, including an instrumental role in the Olkiluoto 3 -project.]]></description><pubDate>Fri, 27 Mar 2026 13:41:10 GMT</pubDate></item><item><title>Teollisuuden Voima Oyj’s Annual Report for 2025 has been published</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/teollisuuden-voima-oyj-s-annual-report-for-2025-has-been-published,c4313565</link><guid isPermaLink="false">cision5313803</guid><description><![CDATA[The Annual Report includes the Report of the Board of Directors (including the Sustainability Report and the Corporate Governance Statement) and the Financial Statements for the financial period 1 January–31 December 2025.
The Annual Report 2025 is available at www.tvo.fi/financialpublications (https://www.tvo.fi/en/index/investors/financialpublications.html).

TVO’s financial statements have been prepared in accordance with the European Single Electronic Format (ESEF) reporting requirements. The Sustainability Report included in the Report of the Board of Directors has been prepared in]]></description><pubDate>Thu, 26 Feb 2026 16:00:59 GMT</pubDate></item><item><title>Olkiluoto produced about a quarter of Finnish electricity in 2025</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/olkiluoto-produced-about-a-quarter-of-finnish-electricity-in-2025,c4288649</link><guid isPermaLink="false">cision5281744</guid><description><![CDATA[In 2025, a total of 23.41 TWh of electricity was produced at the Olkiluoto nuclear power plant. This equals about a quarter of the Finnish electricity consumption. The newest plant unit Olkiluoto 3 (OL3) produced electricity without any interruptions during the year.
Production at OL3 totalled 10.38 TWh last year. The year was the best so far for the plant unit in terms of both production and reliability: there were no unplanned interruptions and the availability factor of the plant unit was 82.6 %, the highest in the three-year operational history of the plant unit. 

The plant unit was]]></description><pubDate>Mon, 05 Jan 2026 11:20:53 GMT</pubDate></item><item><title>Olkiluoto 2 returned to electricity production</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/olkiluoto-2-returned-to-electricity-production,c4288321</link><guid isPermaLink="false">cision5281290</guid><description><![CDATA[The Olkiluoto 2 plant unit (OL2) was re synchronized to the national grid today, Saturday 3 January, at 4:45 AM.
On 2 January, a software update was carried out on OL2’s reactor power control system. During the update, a malfunction occurred, triggering a reactor trip. A reactor trip is a safety function where the nuclear reaction in the plant unit stops automatically and electricity production is interrupted. The plant operated as designed during the event.

The software of the reactor power control system has now been updated, and OL2 was able to resume electricity production today. The]]></description><pubDate>Sat, 03 Jan 2026 03:13:23 GMT</pubDate></item><item><title>Electricity production at Olkiluoto 2 has been interrupted due to a fault</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/electricity-production-at-olkiluoto-2-has-been-interrupted-due-to-a-fault,c4288080</link><guid isPermaLink="false">cision5280994</guid><description><![CDATA[Electricity production at OL2 was interrupted on Friday, 2 January 2026 at 10:59 due to a fault detected in the reactor plant.
A software update to the reactor power control system was carried out today, 2 January, at the Olkiluoto 2 plant unit. During the update, a fault occurred, resulting in a reactor trip. A reactor trip is a safety function in which the nuclear reaction in the plant unit is automatically shut down and electricity production is interrupted. The plant operated as designed during the event.

The event has no effect on nuclear safety. 

The Olkiluoto OL1 and OL3 plant]]></description><pubDate>Fri, 02 Jan 2026 10:09:19 GMT</pubDate></item><item><title>New member in Board of Directors of Teollisuuden Voima Oyj</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/new-member-in-board-of-directors-of-teollisuuden-voima-oyj,c4279724</link><guid isPermaLink="false">cision5270698</guid><description><![CDATA[M.Soc.Sc. Wilhelm Wolff was chosen as a new member in Board of Directors of TVO on 10 December 2025.
Wilhelm Wolff works as the Executive Vice President, Strategy and Investments at Metsä Group. In addition, Wolff is also a member of the Board of Directors at Metsä Spring Oy, Metsä Group’s innovation company.

Wilhelm Wolff was appointed to TVO’s Board of Directors as Esa Kaikkonen was granted resignation from the Board.]]></description><pubDate>Wed, 10 Dec 2025 11:11:11 GMT</pubDate></item><item><title>Market Court issued a decision on the cost determination principles for the grid protection system connected to Olkiluoto 3 production</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/market-court-issued-a-decision-on-the-cost-determination-principles-for-the-grid-protection-system-c,c4263891</link><guid isPermaLink="false">cision5249646</guid><description><![CDATA[The Market Court today issued its decision on the appeals filed by Teollisuuden Voima Oyj (TVO) and the transmission system operator Fingrid Oyj (Fingrid) regarding the costs of Fingrid’s protection system, about which the Energy Authority made its decision in December 2024. The Market Court annulled the Energy Authority’s decision.
In December 2024, the Energy Authority issued a decision on the cost determination principles for the transmission grid protection system connected to the production of the Olkiluoto 3 nuclear power unit (OL3). According to the decision, Fingrid, as the party]]></description><pubDate>Fri, 07 Nov 2025 13:44:15 GMT</pubDate></item><item><title>Teollisuuden Voima Oyj and the European Investment Bank agree on financing the Olkiluoto investment project</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/teollisuuden-voima-oyj-and-the-european-investment-bank-agree-on-financing-the-olkiluoto-investment-,c4258908</link><guid isPermaLink="false">cision5243540</guid><description><![CDATA[Teollisuuden Voima Oyj (TVO) and The European Investment Bank (EIB) have signed a new loan agreement worth EUR 90 million to finance the investment project for the Olkiluoto 1 (OL1) and Olkiluoto 2 (OL2) plant units.
Over the coming years, the investment project will involve the modernization of automation and control systems as well as the replacement of steam separators in the OL1 and OL2 reactor units. 

- By supporting safety upgrades at Olkiluoto, we are helping Finland strengthen its energy mix with reliable, low-carbon power,” says EIB Vice-President Karl Nehammer. 

- This]]></description><pubDate>Thu, 30 Oct 2025 08:01:10 GMT</pubDate></item><item><title>Teollisuuden Voima Oyj’s Interim Report 1 January–30 September 2025</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/teollisuuden-voima-oyj-s-interim-report-1-january-30-september-2025,c4251899</link><guid isPermaLink="false">cision5233564</guid><description><![CDATA[During the first three quarters of 2025, Teollisuuden Voima’s (TVO) electricity generation at the Olkiluoto 1 (OL1), Olkiluoto 2 (OL2) and Olkiluoto 3 (OL3) plant units continued in a stable manner. The total electricity production of the plant units during the period under review was 16,568 (16,822) GWh.
On 20 August, TVO’s Board of Directors appointed Philippe Bordarier, PhD (Physics), as the company’s new President and CEO. Bordarier will start in his position on 1 December 2025.

In September 2025, TVO published its first Factsheet according to the European Green Bond Standard (EU GBS)]]></description><pubDate>Fri, 17 Oct 2025 09:46:06 GMT</pubDate></item><item><title>Teollisuuden Voima Oyj issued a EUR 500 million EU Green bond</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/teollisuuden-voima-oyj-issued-a-eur-500-million-eu-green-bond,c4236648</link><guid isPermaLink="false">cision5215715</guid><description><![CDATA[Teollisuuden Voima Oyj (TVO) has issued a EUR 500 million EU Green bond.
The 7.5-year EU Green Bond was issued under TVO's EMTN programme. An application has been made for the bond to be admitted to trading on the regulated market of the Luxembourg Stock Exchange.

The reoffer yield of the bond is equivalent to a 7.5-year Euro midswap rate of 2.455% +1.25%. The coupon is 3.625% and the issue price is 99.501%.

Danske Bank, NatWest, OP Corporate Bank and SEB acted as Joint Bookrunners for the bond issue.

The proceeds will be used to finance or refinance, in whole or in part, Eligible]]></description><pubDate>Thu, 18 Sep 2025 12:00:12 GMT</pubDate></item><item><title>Market Court issues decision on grid protection system linked with production at Olkiluoto 3</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/market-court-issues-decision-on-grid-protection-system-linked-with-production-at-olkiluoto-3,c4233790</link><guid isPermaLink="false">cision5212145</guid><description><![CDATA[The Finnish Market Court has today issued a decision on the appeals made by Teollisuuden Voima Oyj (TVO) and the national grid company Fingrid Oyj (Fingrid). The decision of the Market Court deviates in part from the decision of the Energy Authority.
The Energy Authority issued the decision on the national grid protection linked with OL3 production in January 2024. According to the decision, grid protection is a specific protection system of the grid operator and under the responsibility of the national grid company Fingrid Oyj. 
Today, the Market Court issued a decision on the appeals of]]></description><pubDate>Fri, 12 Sep 2025 12:37:24 GMT</pubDate></item><item><title>Teollisuuden Voima Oyj has priced a EUR 500 million EU Green bond</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/teollisuuden-voima-oyj-has-priced-a-eur-500-million-eu-green-bond,c4231526</link><guid isPermaLink="false">cision5208867</guid><description><![CDATA[Teollisuuden Voima Oyj (TVO) has priced a EUR 500 million EU Green bond and announced a tender offer for its Eurobonds maturing in March 2026 and March 2027.
TVO has launched a EUR 500 million 7,5 year EU Green bond with an annual coupon of 3.625 percent. The bond will be issued under the Company’s EMTN programme and will be listed on the Luxembourg Stock Exchange.

The proceeds will be used to finance or refinance, in whole or in part, Eligible Green Projects in accordance with TVO´s European Green Bond Factsheet.

On 8 September 2025, TVO announced that it has made an invitation to]]></description><pubDate>Mon, 08 Sep 2025 15:42:40 GMT</pubDate></item><item><title>The European Green Bond Factsheet has been published</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/the-european-green-bond-factsheet-has-been-published,c4230487</link><guid isPermaLink="false">cision5207695</guid><description><![CDATA[As part of its Green Financing program, Teollisuuden Voima Oyj (TVO) has published its first European Green Bond Standard aligned Factsheet. The Factsheet outlines the use of proceeds from the issuance of green instruments in full alignment with the European Green Bond Standard.
In 2023, TVO published its EU Taxonomy-aligned Green Bond Framework.

- This was an important step for us and showed our strong commitment to sustainable finance, says Lauri Piekkari Senior Vice President, Treasury.

- Building on that, we’ve now published our EU Green Bond Standard aligned Factsheet. This allows]]></description><pubDate>Fri, 05 Sep 2025 11:16:15 GMT</pubDate></item><item><title>Philippe Bordarier Appointed as New CEO of Teollisuuden Voima Oyj</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/philippe-bordarier-appointed-as-new-ceo-of-teollisuuden-voima-oyj,c4220387</link><guid isPermaLink="false">cision5193997</guid><description><![CDATA[The Board of Directors of Teollisuuden Voima Oyj, which operates three nuclear power plant units at the Olkiluoto nuclear power plant, has appointed a Doctor of Physicist (PhD) Philippe Bordarier as the company’s new Chief Executive Officer. He will assume the role on 1 December 2025.
Philippe Bordarier brings extensive and international experience in the nuclear sector from France, the United States, the United Kingdom, Finland, Poland, and the Netherlands. With approximately 25 years of nuclear industry experience and a strong track record in successfully developing production operations]]></description><pubDate>Wed, 20 Aug 2025 08:30:47 GMT</pubDate></item><item><title>Teollisuuden Voima Oyj’s Interim Report 1 January–30 June 2025</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/teollisuuden-voima-oyj-s-interim-report-1-january-30-june-2025,c4208760</link><guid isPermaLink="false">cision5179225</guid><description><![CDATA[During the first half of 2025, Teollisuuden Voima Oyj’s (TVO) electricity generation at the Olkiluoto 1 (OL1), Olkiluoto 2 (OL2) and Olkiluoto 3 (OL3) plant units continued safely.
The total electricity production of the plant units during the period in review was 9,802 (10,372) GWh.

The final takeover of OL3 was accepted on 19 June 2025. The final takeover was based on the fulfillment of the terms pursuant to the plant contract. 

The 2025 annual outages have been completed at Olkiluoto. The annual outage for OL3 started on 1 March and ended on 29 April. The refuelling outage for OL1]]></description><pubDate>Fri, 18 Jul 2025 06:15:59 GMT</pubDate></item><item><title>Annual outages completed in Olkiluoto for the year 2025</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/annual-outages-completed-in-olkiluoto-for-the-year-2025,c4167787</link><guid isPermaLink="false">cision5077726</guid><description><![CDATA[The annual outages have been concluded in Olkiluoto for this year. They ended today, Tuesday 24 June, at 10:06 PM, when the Olkiluoto 2 (OL2) plant unit was connected to the national grid.
The annual outage at OL2 started on 25 May and took 30 days and 4 hours. 
The most significant work activities carried out at OL2 included, for example, leak tightness tests in the containment and on isolation valves, the replacement of electrical feedthrough modules in the containment as well as measurements related to the replacement of the steam separator and tests associated with the annual]]></description><pubDate>Tue, 24 Jun 2025 19:34:02 GMT</pubDate></item><item><title>Final Takeover of Olkiluoto 3 plant unit accepted</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/final-takeover-of-olkiluoto-3-plant-unit-accepted,c4166741</link><guid isPermaLink="false">cision5075706</guid><description><![CDATA[The Olkiluoto 3 EPR (OL3) project was concluded a good two years ago and the commercial operation of the plant unit started on 1 May 2023. Today, Teollisuuden Voima Oyj accepted the Final Takeover (FTO) of the plant unit.
- OL3 has operated reliably during the first two years. The annual outage this spring, the second one at the unit, was also completed successfully. The Final Takeover of OL3 was based on the fulfilment of the terms and conditions laid down in the Plant Supply Contract, but the many benefits we promised OL3 would bring to the society have been realised already since 2023,]]></description><pubDate>Thu, 19 Jun 2025 11:56:04 GMT</pubDate></item><item><title>Electricity production at Olkiluoto 1 to resume tomorrow night</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/electricity-production-at-olkiluoto-1-to-resume-tomorrow-night,c4154571</link><guid isPermaLink="false">cision5058829</guid><description><![CDATA[The Olkiluoto 1 plant unit (OL1) is expected to return to electricity production tomorrow, May 24, according to the current estimate.
The electricity output of OL1 was reduced on the morning of May 22 due to a fault detected in the turbine plant's condenser. The issue was discovered during a power increase at the plant unit, just a few hours after the completion of its annual outage.

Electricity production at OL1 was suspended yesterday afternoon to allow for a more detailed investigation. The cause of the fault was identified as damage to a pipe leading into the condenser.

Repairs]]></description><pubDate>Fri, 23 May 2025 06:32:06 GMT</pubDate></item><item><title>Replacement of Olkiluoto 2 Generator Rotor Progressing Well – Return to Electricity Production Ahead of Schedule</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/replacement-of-olkiluoto-2-generator-rotor-progressing-well---return-to-electricity-production-ahead,c4144418</link><guid isPermaLink="false">cision5044074</guid><description><![CDATA[The faulty rotor of Olkiluoto 2 (OL2)’s generator has been replaced with a spare rotor located at the Olkiluoto site. The installation work has gone well. According to a new schedule estimate, the unit is expected to resume electricity production on the afternoon of Tuesday, May 6. The previous estimate was May 10.
Electricity production at OL2 will continue at a reduced power level of 735 MW, while the unit's full capacity is 890 MW. The power is being limited to reduce the risk of rotor failure. This power restriction is expected to remain in place until the 2026 annual outage.
The annual]]></description><pubDate>Fri, 02 May 2025 10:08:52 GMT</pubDate></item><item><title>Considerable investment in development of OL1 and OL2 plant units in Olkiluoto</title><link>https://news.cision.com/teollisuuden-voima-oyj/r/considerable-investment-in-development-of-ol1-and-ol2-plant-units-in-olkiluoto,c4142368</link><guid isPermaLink="false">cision5041118</guid><description><![CDATA[The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units.
Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read more: NIB’s news release 29.4.2025 (https://www.nib.int/releases/nib-finances-tvos-safety-investments-in-nuclear-power-in-olkiluoto-finland)). External funding to the investment project will amount to about EUR 150 million. 

- These investments are designed to]]></description><pubDate>Tue, 29 Apr 2025 06:24:29 GMT</pubDate></item></channel></rss>