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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

17.07EUR
1:05pm GMT
Change (% chg)

€0.13 (+0.77%)
Prev Close
€16.94
Open
€16.94
Day's High
€17.12
Day's Low
€16.91
Volume
725,668
Avg. Vol
2,567,400
52-wk High
€18.94
52-wk Low
€12.69

Latest Key Developments (Source: Significant Developments)

Finland's Fortum Starts Solar Plant In India
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Fortum Oyj ::FORTUM CONNECTS 100-MW SOLAR PLANT TO GRID IN INDIA.SAYS ‍SOLAR PLANT MORE THAN DOUBLES FORTUM'S SOLAR PRODUCTION CAPACITY IN INDIA FROM 85 TO 185 MW​.SAYS ‍SEEKS TO ALLOCATE ITS PLANNED GROWTH CAPITAL IN RANGE OF EUR 200-400 MILLION IN SOLAR PROJECTS IN INDIA​.  Full Article

Uniper Sees Further Dividend/Earnings Upside Beyond 2020‍​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Uniper SE ::SAYS ALSO SEES FURTHER DIVIDEND/EARNINGS UPSIDE BEYOND 2020 - PRESENTATION SLIDES‍​.  Full Article

Fortum Signs Contract To Buy Three Solar Power Companies
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Fortum Oyj ::FORTUM ACQUIRES 35 MW OF SOLAR POWER CAPACITY IN RUSSIA .SIGNED AN AGREEMENT TO ACQUIRE THREE SOLAR POWER COMPANIES FROM HEVEL GROUP.PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.‍TRANSACTION IS EXPECTED TO BE CLOSED BY END OF 2017​.  Full Article

Fortum buys 10 percent stake in wave energy company Seabased
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Fortum Oyj ::- FORTUM ACQUIRES APPROX. 10% SHAREHOLDING IN WAVE ENERGY COMPANY SEABASED.SAYS ‍FORTUM BECOMES A SHAREHOLDER IN SEABASED, A SWEDISH COMPANY OFFERING WAVE ENERGY SOLUTIONS​.SAYS ‍HAS ACQUIRED SHARES IN SEABASED AB CORRESPONDING TO AN APPROXIMATE 10% STAKE IN COMPANY​.  Full Article

Vestas gets 50 MW order under framework agreement with OOO Fortum Energy
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - VESTAS ::SAYS ‍FOLLOWING SUCCESS OF VESTAS AND OOO FORTUM ENERGY IN RUSSIA'S FIRST WIND ENERGY AUCTION, TWO COMPANIES HAVE SIGNED FIRST ORDER OF A BINDING FRAMEWORK AGREEMENT​.SAYS ‍FRAMEWORK AGREEMENT ENGAGES VESTAS TO SUPPLY ITS 4 MW PLATFORM FOR WIND ENERGY PROJECTS, WHILE ORDER INCLUDES 14 V126-3.6 MW TURBINES FOR A 50 MW PROJECT AT AN UNDISCLOSED SITE​.  Full Article

This bid for Uniper is our best and final -Fortum CEO
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Fortum Oyj :CEO Pekka Lundmark says in a statement that the company's bid for Uniper is its best and final offer​.says believes the offer represents attractive value to shareholders.says ‍looks forward to developing a constructive dialogue with Uniper's management team on co-operation possibilities.  Full Article

Uniper CFO says so far around 11,000 shares have been tendered to Fortum
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Uniper :Cfo says chances for successful legal steps against fortum fortum.he bid are low, we still explore our options.Ceo says hopes to conclude negotiations with fortum fortum.he in weeks rather than months.Cfo says so far around 11,000 shares have been tendered to fortum fortum.he.  Full Article

Uniper says to clarify Uniper/Fortum relationship going forward
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Uniper :Ceo says rival bid to fortum fortum.he would have to be at least 30.80 eur per share to be attractive for e.on eongn.de in light of high break-up fee.Ceo says wants to find way jointly with fortum fortum.he to clarify the two companies' relationship going forward.  Full Article

Fortum says board member Tapio Kuula passes away
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Fortum :Says Member of the Board of Directors and former CEO Tapio Kuula has passed away after a long illness.  Full Article

Uniper not aware of any other parties interested in large stakes-CFO
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Uniper :Cfo says breakup fee in planned takeover by fortum fortum.he is extraordinaryly high.Cfo, asked about whether group could take legal action against fortum fortum.he bid, says will consider all options to protect shareholders interest.Cfo says currently not aware of any other parties interested in large stakes of uniper.  Full Article

Finnish power grid company Elenia sold to Allianz, Macquarie

LONDON/FRANKFURT Goldman Sachs Infrastructure Partners, London-listed 3i Infrastructure and Finnish pensions insurance company Ilmarinen are selling Finnish power grid company Elenia Oy to Allianz Capital Partners , Australian infrastructure investor Macquarie and the State Pension Fund of Finland.