Fortum to sell Swedish power grid to Borealis-led consortium: Reuters

Finnish utility Fortum has agreed to sell its Swedish electricity distribution business to a consortium including Canada's Borealis Infrastructure for about 6.6 billion euros (US$6.9 billion), completing its exit from Nordic power grid assets, Reuters reported. The Borealis-led group included Swedish pension funds Forsta AP-Fonden, Tredje AP-Fonden and Folksam.

13 March 2015•2 mins read
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