Fortum

Fortum Corporation, commonly known as Fortum, is a Finnish energy company headquartered in Espoo. It engages in electricity generation, district heating and related energy services. Fortum operates across the Nordic and Baltic regions and in parts of Russia, with a generation portfolio that includes nuclear, hydro, wind, solar and gas-fired plants, as well as heat production and distribution. The company supplies electricity and heat to households, businesses and public sector customers and provides energy services to industrial customers and utility partners.

Fortum is listed on Nasdaq Helsinki. The Finnish government is the largest shareholder and exerts influence through governance and regulatory channels. The company maintains a multinational footprint and pursues international partnerships, including strategic cooperation with Uniper, a major German energy company.

Fortum's history traces back to the late 1990s, when Finnish state energy assets were reorganised under a new corporate entity. Since then, the group has expanded through acquisitions, divestments and asset exchanges across Europe, scaling its operations in the Nordics, Baltics and neighboring regions. It has positioned itself as a provider of low-emission generation and energy transition solutions, emphasizing renewable energy, energy efficiency and modernization of energy systems.