Fortum to sell its 10% ownership in Hafslund Produksjon to Svartisen
FORTUM CORPORATION INVESTOR NEWS 13 JUNE 2018 9:00 EEST Fortum has agreed to sell its 10% ownership in Hafslund Produksjon Holding AS to Svartisen Holding AS, a Norwegian company owned by the Finnish energy companies Vantaan Energia Oy, Oy Turku Energia – Åbo Energi Ab and Oulun Seudun Sähkö. As part of the restructuring of the Hafslund ownership in 2017, Fortum acquired the ownership in Hafslund Produksjon. The sales price for the shares is approximately EUR 160 million and the transaction is expected to close in June 2018. Fortum expects to book a sales gain of approximately EUR 75