Fennovoima’s Finnish majority ownership confirmed
February 28th, 2014
Fennovoima’s owner Voimaosakeyhtiö SF has in its general meeting, held today on 28th February, made the final decision to participate in Fennovoima nuclear power plant construction. Voimaosakeyhtiö SF commits to own more than half of the power plant.
Voimaosakeyhtiö SF aims at increasing the ownership share of Finnish companies in Fennovoima from the now confirmed 50.2 per cent to as close as possible to 66 per cent. Negotiations with potential new owners are underway and will be finalized before the end of June. Also the final ownership shares of current owners will be specified on the same schedule.
The following companies have confirmed to Voimaosakeyhtiö SF their commitment to participate in the Fennovoima nuclear power plant project:
Alajärven Sähkö Oy, Haminan Energia Oy, Haukiputaan Sähköosuuskunta, Oy Herrfors Ab, Imatran Seudun Sähkö Oy, Jylhän Sähköosuuskunta, Keminmaan Energia Oy, Keravan Energia Oy, Keskusosuuskunta Oulun Seudun Sähkö, Kestra Kiinteistöpalvelut Oy, Koillis-Satakunnan Sähkö Oy, Kokemäen Sähkö Oy, Kruunupyyn Sähkölaitos, KSS Energia Oy, Kuoreveden Sähkö Oy, Köyliön-Säkylän Sähkö Oy, Lahti Energia Oy, Lammaisten Energia Oy, Lehtimäen Sähkö Oy, Myllyn Paras Oy, Mäntsälän Sähkö Oy, Naantalin Energia Oy, Nurmijärven Sähkö Oy, Outokumpu Oyj, Paneliankosken Voima Oy, Parikkalan Valo Oy, Pietarsaaren Energialaitos, Porvoon Energia Oy, Raahen Energia Oy, Rantakairan Sähkö Oy, Rauman Energia Oy, Rautaruukki Oyj, Sallila Energia Oy, Seinäjoen Energia Oy, Tornion Energia Oy, Oy Turku Energia Ab, Uudenkaarlepyyn Voimalaitos Oy, Valio Oy, Valkeakosken Energia Oy, Vantaan Energia Oy, Vatajankosken Sähkö Oy, Vetelin Sähkölaitos Oy, VSV-Energiapalvelu Oy ja Ääneseudun Energia Oy.
As a result, 44 owners of Voimaosakeyhtiö SF are participating in the construction of Hanhikivi 1 nuclear power plant in Pyhäjoki.
The next step is implementing the share transaction agreed in December 2013 in which a 34 per cent share of Fennovoima is sold to the Russian company Rosatom. The complete power plant investment will be confirmed at the Fennovoima general meeting in mid-March.
For more information:
Fennovoima’s Board Chairman Pekka Ottavainen, tel. +358 20 757 9247
Fennovoima is constructing new nuclear power in order to produce reasonably priced electricity for the Finnish trade and industries and for Finnish households, help Finland to move toward energy self-sufficiency and increase competition in electricity markets.