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Home » News » Hydropower » Fortum to Invest €60 Million in Modernizing Historic Untra Hydropower Plant in Sweden
Hydropower

Fortum to Invest €60 Million in Modernizing Historic Untra Hydropower Plant in Sweden

By Philip BrooksSeptember 30, 20232 Mins Read
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Credit: Fortum
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Fortum, a player in the energy industry, has unveiled plans to invest over €60 million between 2023 and 2030 to revamp the historic 42MW Untra hydropower plant in Sweden, originally established in the year 1911. This substantial investment reflects Fortum's steadfast commitment to its strategic priorities of delivering dependable clean energy and catalyzing decarbonization efforts

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Electricity Energy Storage Fortum Hydropower Infrastructure Renewable energy Sweden
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Previous ArticleOX2 Sells 115MW Anglarna Wind Farm in Sweden to European Utility for €234 Million
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