Fortum to acquire Telge Energi AB – one of the 10 largest electricity solutions providers in Sweden
FORTUM CORPORATION INVESTOR NEWS 7 JUNE 2023 AT 14:00 EEST Fortum has agreed to acquire the entire shareholding in the Swedish electricity solutions provider Telge Energi AB on a cash and debt-free basis for approximately SEK 450 million (EUR 39 million) from Telge AB. The acquisition supports Fortum’s strategic priorities to deliver reliable and clean energy, to drive decarbonisation of its customers’ processes, and to transform and develop. The transaction further strengthens Fortum’s leading position in providing clean electricity solutions to consumer and enterprise customers in the