Fortum acquires a 75-MW construction-ready windfarm project in Sweden

Fortum has acquired a 75-megawatt (MW) windfarm project from the Swedish wind

power developer Arise AB (publ) group. The Solberg site is fully-permitted and

construction-ready. It is located in Västernorrland County in northern Sweden,

where conditions are very favourable for wind power production.



Arise will deliver construction management services to the project.

Construction is subject to Fortum's final investment decision. Fortum will not

disclose the value of the arrangement.



The project is aligned with Fortum's newly announced strategy according to

which the company targets significant growth in wind power. Growth is targeted

both organically, in development projects such as this, and through

acquisitions.





Fortum Corporation

Corporate Communications



Further information:

Mikko Iso-Tryykäri, Manager, Business Development, tel. +358 50 453 2650



Fortum

Fortum's vision is to be the forerunner in clean energy. We provide our

customers with electricity, heat and cooling as well as other energy solutions

that improve present and future life. Already 64% of our electricity generation

is CO2 free. Our main markets are the Nordic and the Baltic countries, Russia,

Poland and India. In 2015, we employed some 8,000 energy sector professionals,

and our sales were EUR 3.5 billion. Fortum's share is listed on Nasdaq

Helsinki. www.fortum.com