Brief: Fortum, Vestas Reach Settlement Related To Russian Wind Energy Projects

Fortum Oyj

10/10/2024 15:31

Oct 10 (Reuters) - Fortum Oyj  FORTUM.HE :
    * FORTUM AND VESTAS REACH SETTLEMENT RELATED TO RUSSIAN WIND ENERGY PROJECTS
    * SETTLEMENT ENTAILS THAT BOTH COMPANIES WAIVE PAST, PRESENT AND FUTURE CLAIMS RELATED TO
DISPUTE
AT HAND
    * PREVIOUSLY COMMENCED INTERNATIONAL CHAMBER OF COMMERCE ARBITRATION PROCESS WILL BE
TERMINATED
    * FINANCIAL IMPACT OF SETTLEMENT WILL BE RECORDED AS ITEMS AFFECTING COMPARABILITY IN
FORTUM'S Q4

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