Fortum-RUSNANO wind investment fund to start implementation of first 50 MW project in Russia
FORTUM CORPORATION INVESTOR NEWS 31 OCTOBER 2017 10.15 EETThe Fortum-RUSNANO wind investment fund is starting implementation of the first50 MW project in Russia. The project is the first of the total 1,000 MW awardedto the fund in the Russian wind auction in June 2017.The first turbine supply agreement for the project (14 turbines, with totalcapacity of approximately 50 MW) is signed with Vestas, who was previouslyselected as a vendor for the main generating equipment supply and services.The wind farm is expected to start production during the first half of 2019.Fortum's long-