Fortum sells its Kauttua combined heat and power plant in Eura, South-Western Finland to the Finnish energy company Adven Oy. The plant is fuelled mainly by a variety of wood, paper and plastic-based recycled trade and industry fuels suitable for energy use. Fortum is focusing on CHP-production at larger centres and units.
Jan 02, 2014. /Lesprom Network/.
Fortum sells its Kauttua combined heat and power plant in Eura,
South-Western Finland to the Finnish energy company Adven Oy. The transaction
is part of Fortum’s efficiency programme launched in October 2012. Fortum is
focusing on CHP-production at larger centres and units, as the company said in
the press release received by Lesprom Network.
The sale has a minor impact on Fortum’s financial performance and it
will be booked in Fortum's Heat Division’s 4Q 2013 results. The parties have
agreed not to disclose the sales price.
The Kauttua CHP-plant generates electricity for the national grid,
district heat for Adven's network in the Eura region and process steam for
industrial consumers in the region. The plant's production capacity is 14
megawatts (MW) electricity, 10 MW district heat and 31 MW process steam.
The plant is fuelled mainly by a variety of wood, paper and
plastic-based recycled trade and industry fuels suitable for energy use.
Altogether 18 people will transfer with the
business to Adven.
