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.
Write to Dominic Chopping at email@example.com
(END) Dow Jones Newswires
September 21, 2021 09:25 ET (13:25 GMT)
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