Unlike 2025, which is turning out to be a so-called transition year, Fortum’s 2026 has started promisingly, as there is demand for electricity, prices are good, and there are hardly any power plant outages. Additionally:
Based on a gut feeling, this billion-euro investment fits within the maintenance and other similar projects planned by the company, meaning the budget won’t need to be overhauled because of this.
The deal hasn’t been closed yet, and it’s even less clear when exactly the funds will be recognized in Fortum’s coffers. Still, according to rumors, Fortum would pocket 300 million USD from the India exit, which the majority owner will likely order to be channeled directly into dividends.