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Fortum makes $9.3bn bid for Uniper despite opposition

Finnish group Fortum have had a $9.3bn bid for Uniper accepted by the German utility's main shareholder and former owner, E.ON.

‘Unsolicited’ Fortum takeover bid would be unwelcome says Uniper

Fortum and E.ON said on Wednesday that they are in advanced negotiations for the sale of E.ON's fossil fuel-based power plant business Uniper. 

Fortum keen on combined heat and power investment

Finland's Fortum are planning to invest in combined heat and power and hydropower plants in Europe, after freeing up capital through the sale of its distribution networks.

Fortum artificial intelligence solution aimed at district heating

Fortum has launched a new district heating management service in Finland based on a solution by Leanheat.

Fortum to develop wind power in Russia

Finland's Fortum and Russian state-owned high-tech development firm Rusnano have established a 50/50 investment partnership to develop wind power capacity in Russia. 

Fortum on acquisition trail

Finland's Fortum's CEO says the company is keen to make a sizeable acquisition in the European power sector this year, with analysts speculating that Germany's Uniper could be of interest to them.

Fortum in JV to build Lithuanian CHP plant

Fortum is to start construction on a Lithuanian energy-from-waste plant in the autumn.

Fortum starts work on Norway wind farm

Finnish energy company Fortum is beginning construction of the Anstadblaheia wind farm in Norway. 

Fortum completes acquisition of three Norway windfarms

Finnish energy company Fortum has finalised its acquisition of three windfarms from Norwegian company Nordkraft.

Fortum to cut emissions at Polish coal plant

Finnish company Fortum is to supply secondary measure technology to reduce nitrogen emissions on two boilers at a coal-fired power plant in Poland.