Browsing Tag
Fortum
8 posts
Steady Energy falls on Helsinki debut as €333m nuclear-heating valuation faces reality test
Finnish small modular reactor developer Steady Energy fell nearly 6% on its Nasdaq Helsinki First North debut despite an oversubscribed offering, leaving investors to weigh Europe’s growing nuclear enthusiasm against a commercial timeline that still depends on testing, licensing and first-of-a-kind project execution.
Google commits €13bn to Finland AI infrastructure and 22-year nuclear deal
Google will invest €13 billion in Finnish AI and data-centre infrastructure during 2027 and 2028 while signing a 22-year agreement for up to half of the output from Fortum’s Loviisa nuclear plant.
Fortum, Studsvik explore new nuclear opportunities in Sweden for green transition
Fortum, a leading clean energy company, together with Swedish nuclear technology expert Studsvik, have signed a Memorandum of…
Fortum wraps up €2.9bn sale of Swedish energy firm Stockholm Exergi
Fortum has wrapped up the previously announced SEK 29.5 billion (€2.9 billion) of its 50% stake in Stockholm…
Fortum, RDIF to build 116MW solar power plant in Kalmykia, Russia
Fortum is partnering with the Russian Direct Investment Fund (RDIF) to construct a 116MW solar power plant project…
Sandoz to acquire GSK’s cephalosporin antibiotics business for $500m
Sandoz, a division of the Swiss pharmaceutical giant Novartis, has finalized a deal to acquire the cephalosporin antibiotics…
Wipro bags AMS and SIAM contract from Finnish energy company Fortum
India-based IT company Wipro has secured an application management (AMS) and services integration and management (SIAM) contract from…
Fortum to sell Järvenpää-Tuusula district heating business for €375m
Fortum has agreed to divest its district heating business in the Järvenpää-Tuusula region in Finland to a consortium…