EnergyWatch

Stockholm Exergi sold to consortium of five pension funds

Finnish power company Fortum has sold its stake in Stockholm Exergi, which manages district heating in the Swedish capital, to a consortium of five pension companies, which have paid EUR 2.9bn for the asset.

Stockholm Exergis KVV8 er Europas største biomasse CHP kraftværk. | Photo: PR / Stockholm Exergi

One of the world's most advanced district heating networks has changed hands.

Stockholm Exergi, which manages district heating in the Swedish capital, has until now been owned by a joint venture of Finnish utility Fortum and the Municipality of Stockholm.

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