Oskarshamn Nuclear Units 1 and 2 co-owned by Fortum in Sweden.OKG AB in the E.ON Group are closing down. Karlstad Municipality, the third owner, are owned by Fortum’s Swedish subsidiaries with E.ON as majority shareholder. The Board decision taken at OKG AB’s Extraordinary shareholders’ meeting wednesday. At the same time the Board stated that colesedown does not affect the operation of unit 3 in Oskarshamn, which is the biggest and newest Nuclear Energy unit. OKG is a company in the german E.ON Group, with the Norwegian Oil Revenue Fund and their American Investment fund partner Black Rock as largest owners, reports Nordic News.
Statkraft sold their shares
Norwegian Banks Investmen management(NBIM) is the third largest shareholder in E.On with 2,15 % of the shares. Together with the American InvestmentCompany Black Rock, is this group the major shareholder in German E.on with 5,50 per cent of totalshaes. E.ON SE is second largest with 2,43 %. Norwegian Statkraft, with an output of around 56TWh, is a major renewables player in Europe, generating hydropower, wind power and district heating. It also operates CCGT plants in Norway and Germany. All the company’s shares are owned by Statkraft SF, which in turn is owned by the ministry of trade and industry on behalf of the Norwegian state. Statkraft AS is wholly owned by Statkraft SF, which in turn is wholly owned by the Norwegian state, through the Ministry of Trade, Industry and Fisheries. Statkraft owned 4 % of the shares in E.ON until they sold tjeir shaares one and a halv year ago.Communication Manager Knut Fjæringstad in Statkraf is confirming that the shares are sold on the open market.
Are Closing down
OKG AB’s Extraordinary shareholders’ meeting decided wednesday to close the units 1 and 2 in Oskarshamn nuclear power plant in Sweden. The decision means that the modernization project of unit 2 will be discontinued, and the unit, which has been out of operation since June 2013, will not be returned into operation. The unit 1 will be will be taken out of operation and transferred into service mode after the required regulatory permits have been received.OKG was founded in 1965 and today owns and operates three nuclear reactor units – Oskarshamn 1, 2 and 3 – which together account for ten per cent of the total electricity generation in Sweden, ahnd has approximately 900employees and an annual turnover of around SEK 3 billion The plant is located on the Swedish east coast, 30 kms north of Oskarshamn. Oskarshamn 1, also Sweden’s first commercial nuclear power unit, was commissioned in 1972. Oskarshamn 2 has been in operation since 1974 and Oskarshamn 3 was put into commercial operation in 1985
Largest owner in Hafslund
Fortum estimated in its stock exchange release on 30 September 2015 that the closing of the units 1 and 2 before the end of their planned operational lifetimes will have one-time negative impact of approximately EUR 700 million on its third quarter 2015 net profit, says Helena Aatinen Senior Vice President, Corporate Communications in Forum Corporation. Fortum’s purpose is to create energy that improves life for present and future generations. Fortum’s expertise is in CO2-free and efficient electricity and heat production. The company also offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s main areas of operation are the Nordic and the Baltic countries, Russia and Poland. In 2014, the annual sales (excluding the divested electricity distribution business) totalled EUR 4.1 billion, and comparable operating profit was EUR 1.1 billion. The company employs approximately 8,000 people. Fortum is the second largest owner in the Norwegian energy producer Hafslund( owns 34 %). Fortum’s share is listed on NasdaqHelsinki. www.fortum.com.