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Fortum signs deal for Google to buy up to 50% of Loviisa nuclear output through 2050

PUBT·09/17/2026 10:07:16
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Fortum signs deal for Google to buy up to 50% of Loviisa nuclear output through 2050
  • Fortum signed a long-term nuclear power purchase agreement with Google covering up to 50% of output from its Loviisa plant through 2050.
  • Deal underpins a planned life-extension program, including modernizations and uprates, tied to about EUR 1 billion of investment.
  • About 20% of required modernization projects have investment decisions; remaining work totals roughly EUR 700 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortum Oyj published the original content used to generate this news brief on September 17, 2026, and is solely responsible for the information contained therein.