Political Tinkering Stalls Fortum Spending $9 Billion CashBy
Taxpayer aid for renewables stifles competition, CEO says
Finnish utility can't find large-scale green power investments
Clean-energy subsidies are standing in the way of Fortum Oyj’s mission to spend a $9 billion cash pile to transform it into a low-carbon electricity generator, according to the Finnish utility’s chief executive officer.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.