Fortum

Espoo, Finland
Active
BWR

Company overview

Founded
1998
Total funding
Public company (Nasdaq Helsinki: FORTUM) — Finnish state majority
Technology
BWR — Boiling Water Reactor

About

Fortum is a Finnish-Swedish utility and one of the largest Nordic energy companies operating nuclear plants in both Finland (Loviisa 1&2) and Sweden. Fortum signed an early works agreement with GE Vernova Hitachi Nuclear Energy on July 1, 2025 to advance potential BWRX-300 deployment in Finland and Sweden. As a dual-country nuclear operator Fortum is uniquely positioned to leverage BWRX-300 deployment across both Scandinavian markets simultaneously. Fortum also operates the Loviisa nuclear plant and has decades of Nordic nuclear operational expertise.

Key investors

Finnish Government (50.8%), public investors

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