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    1. Home
    2. >Finance
    3. >Fortum to buy renewable power portfolio for $9.4 million
    Finance

    Fortum to Buy Renewable Power Portfolio for $9.4 Million

    Published by Global Banking & Finance Review®

    Posted on December 19, 2024

    1 min read

    Last updated: January 27, 2026

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    This image represents Fortum's recent agreement to buy a renewable power portfolio from Enersense for $9.4 million, highlighting the growth of onshore wind projects in Finland.
    Fortum's acquisition of renewable power portfolio from Enersense - Global Banking & Finance Review
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    Quick Summary

    Fortum is set to buy a 2.6 GW renewable power portfolio from Enersense for $9.4 million, aiming to close the deal by next year.

    Fortum to Acquire $9.4 Million Renewable Power Portfolio

    COPENHAGEN (Reuters) - Finland's Fortum said on Thursday it had agreed to buy a project development portfolio for renewable power from Finnish energy company Enersense for around 9 million euros ($9.37 million).

    The portfolio includes 2.6 gigawatt (GW) of early-stage onshore wind development projects in Finland, Fortum said in a statement.

    It said it expects to close the deal in the first quarter of next year.

    ($1 = 0.9609 euros)

    (Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik and Anna Ringstrom)

    Key Takeaways

    • •Fortum is acquiring a renewable power portfolio from Enersense.
    • •The deal is valued at approximately 9 million euros.
    • •The portfolio includes 2.6 GW of onshore wind projects.
    • •The acquisition is expected to close in the first quarter of next year.
    • •This move strengthens Fortum's position in the renewable energy sector.

    Frequently Asked Questions about Fortum to buy renewable power portfolio for $9.4 million

    1What is the main topic?

    The main topic is Fortum's acquisition of a renewable power portfolio from Enersense in Finland.

    2What does the portfolio include?

    The portfolio includes 2.6 gigawatts of early-stage onshore wind development projects.

    3When is the deal expected to close?

    The deal is expected to close in the first quarter of next year.

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