Vestas and Fortum have resolved the arbitration concerning wind energy projects in Russia, allowing both companies to move forward in their business relations. As part of…
Browsing: Fortum
India-based AM Green Group has reached an agreement to acquire Fortum Oyj’s biorefining and biobased operations, alongside a commitment to invest USD 1 billion (EUR 896…
Fortum has announced the integration of 250 employees into its hydropower operations and maintenance team across Sweden and Finland. Around a decade ago, Fortum had opted…
Fortum has reached an agreement to divest its remaining stake in its Indian solar power portfolio to Gentari Renewables India, a subsidiary of Gentari, a leading…
Fortum has announced a plan to extensively modernise the Malta hydropower plant in Uvån, located in the municipality of Hagfors, Sweden. The investment, approximately €20m (SEK…
Infrastructure investors Actis, Edelweiss, and Malaysian state-owned oil and gas company Petronas are reportedly engaged in discussions regarding the potential acquisition of a 185-MW solar portfolio…
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…
Major hydropower plant operators, including Enel, EDP, EDF, Engie, Iberdrola, Fortum, Statkraft, Uniper, Vattenfall, and Verbund, have formed the Hydropower Alliance to advocate for the adoption…