Finland rss

Finnish sub-contractor selected to prepare Hanhikivi site

Corporate

13 August 2015

Russia's Titan-2 has selected the first Finnish sub-contractor for construction work at the Hanhikivi 1 nuclear power plant project in Finland.

Claims updated in Olkiluoto 3 delay arbitration

Corporate

03 August 2015

Olkiluoto 3 - July 2015 - 48Finnish utility Teollisuuden Voima Oyj and the Areva-Siemens consortium have both increased the amounts claimed in arbitration over the delay in construction of the first-of-a-kind EPR at Olkiluoto.

Croatian firm confirms interest in Finnish project

Corporate

02 July 2015

Croatian company Migrit Energija has confirmed that it plans to take a stake in the Hanhikivi nuclear power plant project in Finland. However, the Finnish economy ministry has requested more details about the company as it considers the shareholding.

Finnish ownership of Fennovoima assured

Corporate

05 August 2015

Finnish ownership of Fennovoima, which plans to build the Hanhikivi 1 nuclear power plant, now exceeds 65% following new financial commitments from three domestic companies. The processing of Fennovoima's construction licence application can now proceed.

Ownership of Croatia's Migrit Energija remains unclear

Corporate

16 July 2015

Finland's Ministry of Employment and the Economy announced today that it has been unable to confirm whether Migrit Energija, the Croatian company intending to take a stake in the Hanhikivi nuclear power plant project, is in fact European-controlled.

Hanhikivi construction licence application submitted

New Nuclear

30 June 2015

Hanhikivi 1 AES-2006 (Fennovoima)_48Fennovoima has today submitted its construction licence application to the Finland's Ministry of Employment and the Economy for the planned Hanhikivi nuclear power plant project. However, issues remain regarding the level of Finnish ownership in the project.