Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > 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 and Finance Review

Posted on December 19, 2024

Featured image for article about Finance

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)

More from Finance

Explore more articles in the Finance category

US intercepts oil tanker off Venezuelan coast, officials say

Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says

Stellantis CEO says investments at risk in Europe after EU auto package

Italy's TIM wins 1 billion euro court payout, eyes savings share conversion

Bangladesh holds state funeral for slain youth leader amid tight security

Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

EU Council backs digital euro with both online and offline functionality

IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

Euro zone consumer confidence falls to -14.6 in December

Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

UK children's author David Walliams dropped by publisher after harassment allegations

Germany removes dividend ban for Uniper, paving way for IPO

View All Finance Posts