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Fortum to buy renewable power portfolio for $9.4 million

Published by Global Banking & Finance Review

Posted on December 19, 2024

1 min read

· Last updated: January 27, 2026

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Fortum's acquisition of renewable power portfolio from Enersense - Global Banking & Finance Review
This image represents Fortum's recent agreement to buy a renewable power portfolio from Enersense for $9.4 million, highlighting the growth of onshore wind projects in Finland.
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Fortum to Acquire $9.4 Million Renewable Power Portfolio

COPENHAGEN (Reuters) - Finland's Fortum said on Thursday it had agreed to buy a project development portfolio for renewable power from Finnish energy company Enersense for around 9 million euros ($9.37 million).

The portfolio includes 2.6 gigawatt (GW) of early-stage onshore wind development projects in Finland, Fortum said in a statement.

It said it expects to close the deal in the first quarter of next year.

($1 = 0.9609 euros)

(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik and Anna Ringstrom)

Key Takeaways

  • Fortum is acquiring a renewable power portfolio from Enersense.
  • The deal is valued at approximately 9 million euros.
  • The portfolio includes 2.6 GW of onshore wind projects.
  • The acquisition is expected to close in the first quarter of next year.
  • This move strengthens Fortum's position in the renewable energy sector.

Frequently Asked Questions

What is the main topic?
The main topic is Fortum's acquisition of a renewable power portfolio from Enersense in Finland.
What does the portfolio include?
The portfolio includes 2.6 gigawatts of early-stage onshore wind development projects.
When is the deal expected to close?
The deal is expected to close in the first quarter of next year.

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