In addition to the physical power supply, the agreements will cover the risk management of electricity procurement. Fortum will also manage the companies’ emission rights portfolios.
The annual combined volume of the new agreements will be approximately 350GWh, and will cover the entire electricity procurement of Nordkalk and Paroc’s Finnish operations. Fortum also supplies electricity to these companies in Sweden.
Timo Hirvonen, Nordkalk’s spokesman, said: The new extensive electricity procurement agreement for the Finnish operations is a natural extension to our long-term cooperation with Fortum and will allow us to fully concentrate on our core operations.
