Fortum : Fortum’s Christmas gifts!
>Divestment of the district heating activity in Joensuu for € 530m - On Friday 20 December, Fortum signed an agreement to sell its district heating activity in Joensuu (Finland) to Savon Voima Oyj (a municipal utility). The price tag on the deal amounts to around € 530m. Fortum expects to book a tax-exempt capital gain of around € 430m to the results of the City Solutions segment in Q1 2020. In 2018, Fortum generated around 550 GWh of heat and around 240 GWh of electr...Fortum is an energy company. Co.'s operations are organised in five divisions: Hydro Power and Technology and Nuclear and Thermal Power, which are engaged in its hydro, nuclear and thermal power generation, services, portfolio management and trading as well as technology and research and development functions; Heat, Electricity Sales and Solutions, which consists of Co.'s combined heat and power production, district heating and business-to-business heating solutions, solar business, electricity sales and related customer offering; Russia, which consists of power and heat generation as well as heat distribution in Russia; and Distribution, which focuses on distribution activities in Sweden.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.