Fortum Sells Its 50% Ownership of Oslo Varme for EUR 1 Billion

• (PLX AI) - Fortum has today signed an agreement to sell its 50% ownership in the district heating company Fortum Oslo Varme AS in Norway to an investor consortium comprising Hafslund Eco, Infranode and HitecVision.
• • The total consideration for Fortum's share is approximately NOK 10 billion on a cash and debt free basis, or approximately EUR 1 billion