Fortum to build second district cooling plant in Tartu for €5.3 million ({{commentsTotal}})

AS Fortum Tartu opened the first district cooling plant in the Baltics in May 2016. Source: (Margus Ansu/Postimees/Scanpix)
Business
Business

Following closely on the heels of the opening of its first district cooling plant in Tartu in May, heat and energy firm Fortum has decided to build its second district cooling plant in the same city for 5.3 million euros, Estonian daily Eesti Päevaleht reported.

Built at a cost of 5.7 million euros, Fortum's district cooling plant, which opened in Tartu this spring, was the first of its kind to be built in the Baltic States.

The energy firm is also planning on building another district cooling plant in the Western Estonian regional capital of Pärnu, in which Fortum's Estonian subsidiary is based.

"In other Baltic countries, we are planning on building district cooling lpants in Jelgava and Klaipėda," Margo Külaots, chairman of the management board at Forum Tartu, told the newspaper. "In the future, it is possible that we will build plants in towns where Forum has no other business."

Current customers of Fortum's first district cooling plant in Tartu are the newly-opened Kvartal shopping center and and Hotel Lydia. The company is currently in talks with other bigger institutions in Tartu as well.

Fortum Tartu's consolidated revenue totaled 29.8 million euros in 2015.

Editor: Editor: Aili Sarapik



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long
{{comment.captcha.word.answer}}

news.err.ee

Opinion
Estonia’s way into the future isn’t a race

There is a lack of connection between the Estonian state, and the people who live here. While it expects a lot of the state, Estonian society doesn’t seem ready to contribute, writes Viktor Trasberg.

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.