Picture of Fortum Oyj logo

FORTUM Fortum Oyj News Story

0.000.00%
fi flag iconLast trade - 00:00
UtilitiesBalancedLarge CapNeutral

Brief: Fortum Advances Its Coal Exit With EUR 85 Million Investment

Oct 29 (Reuters) - Fortum Oyj FORTUM.HE:

FORTUM ADVANCES ITS COAL EXIT WITH EUR 85 MILLION INVESTMENT IN DECARBONISATION OF ZABRZE PLANT IN POLAND

INVESTMENT WILL TAKE PLACE OVER A PERIOD FROM Q4 OF 2025 UNTIL Q4 OF 2027.

DECIDED TO INVEST APPROXIMATELY EUR 85 MILLION IN ZABRZE PLANT'S RETROFIT.

REMAINING COAL CAPACITY OF ABOUT 0.8 GW IS MAINLY FOR USE IN EVENT OF SEVERE DISRUPTIONS OR EMERGENCIES IN FINNISH ELECTRICITY SYSTEM.

Source text: ID:nWkrbKx4yN

Further company coverage: FORTUM.HE

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Fortum Oyj

See all news