Fortum Wins Big at Russian Auction

In the same auction, the Fortum-Rusnano wind investment fund (Fortum's ownership 50%) has won the right to build 823 MW of CSA-supported wind capacity.

Fortum has won the right to build 110 MW of solar capacity in a Russian Capacity Supply Agreement (CSA) auction. The power plants are to be commissioned during the years 2021-2022 and will receive a guaranteed power price corresponding to approximately EUR 150 per MWh for a period of 15 years. In the same auction, the Fortum-Rusnano wind investment fund (Fortum's ownership 50%) has won the right to build 823 MW of CSA-supported wind capacity. The wind parks are to be commissioned during the years 2019-2023 and will receive a guaranteed power price corresponding to approximately EUR 60-90 per MWh for a period of 15... ... More: Official Press Release Fortum

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Finland, Fortum, Russia, auction, wind capacity, wind farm