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Fortum Corporation
Fortum-RUSNANO wind investment fund chooses Vestas as wind turbine supplier in Russia



June 29, 2017

The Fortum-RUSNANO wind investment fund has selected Vestas as the supplier of wind turbines in Russia. As a result of RES auction, announced the investment fund won the right to build up to 1,000 megawatts (MW) of wind capacity in 2018-2022

Fortum's long-term ambition is to have approximately 500 MW of wind capacity in Russia. The goal supports Fortum's strategy to increase the share of CO2-free generation capacity and is in line with the company's overall target of creating a gigawatt-scale wind and solar portfolio.

Fortum
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki.

Contact
Investors and analysts
Måns Holmberg
tel. +358 44 518 1518
Rauno Tiihonen
tel. +358 10 453 6150
investors@fortum.com

Media
Mari Kalmari
Press officer
tel. +358 40 520 1709

For more information :

Organization:
Fortum Corporation
http://www.fortum.com/en/

             

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