Chasing Infrastructure in Sweden
Fortum Oyj, a state-controlled Finnish energy company with assets in the Nordic region and Russia, is selling its Swedish electricity grid. Bids are due by early March 2015 and may fetch a price as high as US$ 7.4 billion. Fortum Oyj has shifted its strategic focus on generating power assets, while selling energy distribution assets. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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