Fortum to sell its 50% ownership in Stockholm Exergi to an investor consortium led by APG for approximately EUR 2.9 billion
FORTUM CORPORATION INSIDE INFORMATION 30 JUNE 2021 AT 20:45 EEST Release category: Inside information Fortum has today signed an agreement to sell its 50% ownership in the Swedish district heating and cooling company – Stockholm Exergi Holding AB (publ) – to a group of long-term European institutional investors with a strong commitment to the infrastructure sector. The consortium comprises APG, Alecta, PGGM, Keva and AXA. The total consideration is approximately SEK 29.5 billion (approximately EUR 2.9 billion based on current currency rate) based on a 100% enterprise value of SEK 71.9