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Fortum 22-year PPA locks 50% of Loviisa capacity; Google invests EUR 13B

Fortum said a 22-year PPA secures up to 50% of Loviisa nuclear plant capacity, supporting upgrades and lifetime extension through 2050. The deal includes a EUR 13 billion Google investment in Finland.

FORTUM

A 22-year power purchase agreement secures up to 50% of Loviisa nuclear plant’s capacity and supports upgrades and a lifetime extension through 2050. 4 percentage point increase in RONA and includes a EUR 13 billion Google investment in Finland, along with joint development of new energy and flexibili…