Fortum increases the green energy cooperation in Russia
FORTUM CORPORATION ONLINE RELEASE 4.6.2021 Fortum has signed four new Memorandums of Understanding (MoU) regarding green energy supplies in Russia. New MoUs have been signed with a natural gas supplier Novatek, one of the major steel producers in Russia Magnitogorsk Iron and Steel Works (MMK), technology company Baker Hughes, and the global energy company Shell. The new agreements support Fortum’s strategy to partner with industrial and infrastructure customers to help them reduce the emissions of their operations. With Novatek the parties intend to develop mechanisms that would