Fortum expands cooperation in the field of green energy supply in Russia
FORTUM CORPORATION ONLINE RELEASE 23.7.2021
Fortum and RDIF joint venture has made a bilateral agreement with Mosenergosbyt on green energy. Green energy generated in the wind farms of Fortum and RDIF joint venture will be supplied to Sberbank's offices in Nizhny Novgorod in accordance with the agreement between Mosenergosbyt and Sberbank.
The agreement has been made after a successful pilot project on green energy supply from the Fortum and RDIF joint venture's wind farms to the Sberbank’s office located in Ulyanovsk in 2020.
“We are pleased to cooperate with leading Russian companies, such as Sberbank, and help them decarbonize their operations. We expect that wind energy will be in a key role when large energy consumers develop their sustainability strategies in Russia,” says Alexander Chuvaev, Executive Vice President of Fortum’s Russia Division.
In Russia, Fortum already supplies green energy to the AB InBev and Unilever production facilities, Air Liquide, Shchekinoazot Chemical Company, P&G, and Leroy Merlin. Memorandums of Understanding (MoU) regarding green energy supplies are signed with 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.
Fortum News Desk, email@example.com, +358 40 198 2843
Country fact sheet
Fortum increases the green energy cooperation in Russia
Fortum supports its customers in reducing their carbon footprint in Russia
Fortum is a European energy company with activities in more than 40 countries. We provide our customers with electricity, gas, heating and cooling as well as smart solutions to improve resource efficiency. Together with our subsidiary Uniper, we are the third largest producer of CO2-free electricity in Europe. Close to 20,000 professionals and a combined balance sheet of approximately EUR 60 billion, we have the scale, competence and resources to grow and to drive the energy transition forward. Fortum's share is listed on Nasdaq Helsinki and Uniper's share on the Frankfurt Stock Exchange. www.fortum.com