FORTUM CORPORATION INVESTOR NEWS 5 DECEMBER 2019 13.30 EET
The Fortum-Rusnano wind investment fund has taken the investment decision for a 50-megawatt (MW) wind power project in the Rostov region, Russia. It is the fifth project of the total 1,823 MW awarded to the fund in the Russian wind auction in 2017 and 2018.
The wind farm is expected to start production during the fourth quarter of 2020. In the Rostov region, the partnership is already constructing 300 MW of wind power. Power production and capacity supply is expected to start during the first half of 2020.