Fortum Corporation

About Fortum

Fortum is a Nordic energy company headquartered in Espoo, Finland, whose shares are listed on Nasdaq Helsinki. The company generates electricity and heat from hydropower, nuclear power and wind energy; in 2024, generation capacity stood at 9286 MW and electricity output at 46 TWh, of which 99% was fossil-free. The offering for industrial and major customers includes power supply, power trading and hedging, Power Purchase Agreements (PPAs) covering wind, solar, hydro, nuclear and RFNBO, Guarantees of Origin as well as flexibility services via Fortum Spring. Further business areas are nuclear services across the entire life cycle of nuclear power plants, district heating and district cooling, industrial site development in Finland, and the recycling of lithium-ion batteries using mechanical and hydrometallurgical technology in Harjavalta and Kirchardt. Around 4500 employees serve more than 2 million customers in the Nordic countries and beyond.

Site

Espoo

Processes

Electricity generation and heat generation, Electricity sales (private and business customers), District heating and district cooling, Power trading and hedging for energy-intensive industry, PPAs (incl. wind, solar, hydro, nuclear, RFNBO), Guarantees of Origin, Flexibility services (Fortum Spring, demand response), Industrial Site Development (Finland)

Materials

Power Purchase Agreements, Guarantees of Origin, Hydrometallurgical Battery Recycling, Plant Simulation (Apros®), Radionuclide Removal Technology (NURES®)

Employees

~4500

Industries

Energy supply, Metals and mining, Data centres, Battery industry, Hydrogen, Nuclear power

1. 01

   Electricity and heat generation (hydro, nuclear, wind, heat recovery)

2. 02

   Power trading and hedging

3. 03

   Electricity and heat sales to private and business customers

4. 04

   Nuclear services and industrial site development

5. 05

   Battery recycling: collection, pre-treatment, hydrometallurgy, recycled raw

Services and Technologies

Locations

Espoo

FI

Headquarters of Fortum Corporation and Fortum Power and Heat Oy

Harjavalta

FI

Battery recycling (Fortum Battery Recycling Oy)

Materials

Li-ion batteries

• Mechanical pre-treatment
• Hydrometallurgy

Kirchardt

DE

Battery recycling (Fortum Batterie Recycling GmbH)

Solna

SE

Branch office Sweden (Fortum Sverige/Generation/Markets AB)

Oslo

NO

Branch office Norway (Fortum Norway, Consumer Solutions AS, Hedging AS)

Wroclaw

PL

Branch office Poland (Fortum Power and Heat Polska Sp. z o.o.)

Grangemouth

GB

Fortum O&M (UK) Ltd, Grangemouth CHP Plant

• CHP plant

Business Areas

Inside the production

Company Data

1. 2024

   46 TWh of power generation, of which 99% fossil-free; awards for customer service in Poland and Norway

2. 2025

   Around 4500 employees, 99% fossil-free power generation, comparable operating profit of EUR 924 million