Fortum Advances Its Coal Exit With EUR 85 Million Investment

Fortum Oyj FORTUM:

• FORTUM ADVANCES ITS COAL EXIT WITH EUR 85 MILLION INVESTMENT IN DECARBONISATION OF ZABRZE PLANT IN POLAND

• INVESTMENT WILL TAKE PLACE OVER A PERIOD FROM Q4 OF 2025 UNTIL Q4 OF 2027.

• DECIDED TO INVEST APPROXIMATELY EUR 85 MILLION IN ZABRZE PLANT'S RETROFIT.

• REMAINING COAL CAPACITY OF ABOUT 0.8 GW IS MAINLY FOR USE IN EVENT OF SEVERE DISRUPTIONS OR EMERGENCIES IN FINNISH ELECTRICITY SYSTEM.