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

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

Source: BNS



Opinion
Easter Monday a public holiday? But you're forgetting productionEaster Monday a public holiday? But you're forgetting production
Estonia’s Easter Monday time loop: Discussing an additional day off

Every year, Estonia reliably asks itself the question whether or not Easter Monday should be made a public holiday. Opinions differ. While one side emphasizes the importance of family time, the other thinks an additional day off would threaten economic growth.

Minister of Social Protection Kaia Iva (IRL).Minister of Social Protection Kaia Iva (IRL).
Samost: Kaia Iva’s charisma could help IRL out of long-term low

In Sunday’s “Samost ja Rumm” radio debate show, editor-in-chief of ERR’s online news, Anvar Samost, and journalist and former politician Hannes Rumm discussed the potential and actual candidates for the chairmanship of the Pro Patria and Res Publica Union (IRL). At the time of the broadcast, Helir-Valdor Seeder had not yet made his intention to run public.