Fortum publishes transcript of Google partner presentation

Fortum released a transcript of its Google partner presentation on Sept. 9, 2026, attended by CEO Markus Rauramo.

• Fortum outlined a 22-year nuclear-based power purchase agreement with Google covering up to 50% of Loviisa NPP life-time extension output.
• Fortum expects the PPA to lift group comparable RONA by about 1.4 percentage points over time at 50% contracted capacity.
• The companies signed a memorandum to explore renewables, battery storage, pumped hydro, new-build nuclear, energy portfolio management, site development.
• Management flagged Nordic demand growth led by data centers, citing low-carbon supply and competitive power prices as key demand drivers.