Fortum sells its Kuusamo combined heat and power plant in Finland
PRESS RELEASE 1 October 2013Fortum has sold its Kuusamo combined heat and power plant to the Finnish energy company Adven Oy. The transaction is part of Fortum’s efficiency programme launched in October 2012. Fortum is concentrating its combined heat and power production to larger centres and units. The sale has a minor impact on Fortum’s financial performance and the gains will be booked in the Heat Division’s third-quarter 2013 results. The parties will not disclose the sales price. The production capacity of the Kuusamo plant is 6 MW electricity and 19 MW district heat. The