Fortum sells Nokia CHP plant

Fortum has sold its combined heat and power plant as well as its natural gas and district heating network in the town of Nokia, Finland to the Finnish energy company Leppakosken Sahko.

The transaction is part of Fortum's efficiency programme launched in October 2012. Fortum is focusing on CHP-production at larger centres and units.

Nokia CHP

The parties have agreed not to disclose the sales price.

The Nokia CHP-plant generates electricity for the national grid, district heat for close to 800 Nokia households and process steam for industrial consumers in the region.

The power plant is fuelled by natural gas. In addition to the Nokia CHP-plant and the natural gas and district heating networks, Fortum sold five heat-only boilers. The power plant's capacity is 72 MW electricity and 180 MW heat.

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