Fortum Oyj (FOJCY) Shareholder/Analyst Call Transcript

Ingela Ulfves
Vice President of Investor Relations & Financial Communications

Good afternoon, everyone. A warm welcome to Fortum’s webcast for the investor community and today’s announcement of the historical and very significant strategic partnership and long-term PPA that Fortum and Google have signed.

My name is Ingela Ulfves, and I’m heading Investor Relations at Fortum. As always, this event is being recorded, and you will find a replay on our website later today.

With me here in the studio, as you can see, is our President and CEO, Markus Rauramo. Markus will briefly present the key strategic highlights and what this partnership and PPA means for Fortum. And following the presentation, we will then take your questions. We have reserved approximately 30 minutes for this event.

So without further ado, I now hand over to Markus to start.

Markus Rauramo
President & CEO

Thank you very much, Ingela. A warm welcome to this call also from my side. Today, Fortum and Google have announced a historical long-term strategic partnership that represents much more than a commercial agreement. It’s a unique partnership that supports growth, competitiveness and long-term prosperity, not only for Fortum, but also for Finland.

This extensive strategic partnership with Google is deeply founded in our 2 main strategic priorities: to deliver reliable energy to