Brief: Fortum To Acquire Orange Energia In Poland

Fortum Oyj

24/04/2025 14:20

April 24 (Reuters) - Fortum Oyj FORTUM.HE:

TO ACQUIRE ORANGE ENERGIA, ONE OF THE LARGEST INDEPENDENT ELECTRICITY SOLUTIONS PROVIDERS IN POLAND

TO PAY PLN 90 MILLION IN CASH UPON CLOSING

REMAINING AMOUNT TO BE SETTLED BY 2029 BASED ON SALES TARGETS

TO CONTINUE TO SELL ELECTRICITY VIA ORANGE POLSKA'S RETAIL SALES DISTRIBUTION NETWORK AT LEAST UNTIL END-2028

DEAL ON CASH AND DEBT-FREE BASIS FOR MAXIMUM OF UP TO PLN 120 MILLION

Source text: ID:nWkr5GdQG6

Further company coverage: FORTUM.HE

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