Fortum, Rusnano JV Gets Wind Power Deal in Russia
By Dominic Chopping
Finnish state-controlled utility company Fortum Oyj said Tuesday
that its wind investment fund joint venture with Rusnano OJSC has
been awarded a wind power generation deal in the latest Russian
The fund was awarded an annual capacity supply agreement worth
between 16.9 billion and 23.8 billion rubles ($230 million to
$323.9 million) for new wind power generation, corresponding to
wind capacity of 430 to 530 megawatts a year; to be commissioned
during the years 2025-27.
The projects will be covered by capacity supply agreements for a
period of 15 years from commissioning, with the average nominal
price expected to be in the range of RUB2,600 to RUB4,200 per
megawatt during the period.
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(END) Dow Jones Newswires
September 21, 2021 09:25 ET (13:25 GMT)
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