Home News Finnish Fortum intends to sell all assets in Russia by July 1

Finnish Fortum intends to sell all assets in Russia by July 1

37
0

The Finnish energy company Fortum has opened a collection of binding offers for the sale of assets in Russia, one of the key terms of the transaction is its closure before July 1. About it informs Kommersant, citing sources in the concern.

Fortum and its German subsidiary Uniper own the Russian generating companies Fortum and Unipro, and the latter, in turn, own 12 coal-fired and gas-fired thermal power plants with a capacity of 16 GW. Gazprombank, which is ready to finance a deal for Gazprom Energoholding, is interested in the assets. Thus, the credit institution is ready to buy out both the assets of Fortum and Unipro, for each asset the bank can pay about 1.5-2 billion dollars. It is also alleged that Inter RAO and SUEK will claim the company’s assets. The collection of proposals must be completed by June 21.

Recall that Fortum announced its withdrawal from the Russian market on May 12. At the same time, the company decided to resume the Unipro sale process.

.

Leave a Reply