Fortum considers strategic options for its ownership in Stockholm Exergi
FORTUM CORPORATION INVESTOR NEWS 31 JULY 2020 AT 9.00 EEST
In line with its strategy and continued review of the business portfolio, Fortum has decided to assess strategic options, including possible divestment, of its 50% holding in Stockholm Exergi Holding AB (publ), the district heating and cooling company in Stockholm, Sweden. As part of the process, Fortum has initiated discussions on the matter with the City of Stockholm, owner of the other 50% share in Stockholm Exergi.
Since 2002, Fortum has co-owned Stockholm Exergi together with the City of Stockholm and during this time,