Fortum And Google Sign Power Deal For Loviisa Nuclear Plant

Companies enter wider ‘strategic’ partnership in Finland

Fortum And Google Sign Power Deal For Loviisa Nuclear Plant
The Loviisa nuclear power station has two Russia-designned VVER units. Courtesy Fortum.

Finnish utility Fortum and Google have signed a 22-year power purchase agreement (PPA) to support continued operation and a planned power uprate of the Loviisa nuclear power station in Finland until 2050.

Fortum said the agreement will provide long-term revenue certainty for Loviisa lifetime extension investment programme.

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