Fortum sells Kuusamo plant as part of efficiency strategy

Date: 03/10/2013

Fortum has sold its cogeneration plant at Kuusamo, Finland to district heating specialist Adven Oy for an undisclosed price, as the company seeks to drive through its efficiency programme.

The programme which began a year ago sees Fortum concentrating its combined heat and power production to larger centres and units.

The production capacity of the Kuusamo plant is 6 MW electricity and 19 MW district heat. The Kuusamo energy and water cooperative has been responsible for operating the Fortum-owned plant.

Source: COSPP