Russia has published a presidential decree allowing the authorities to introduce temporary administration for assets owned by certain foreign companies in the country, including Fortum and Uniper.
Uniper owns 83.73% of Unipro, which owns and operates 5 thermal power plants in Russia with a total capacity of 11.3 GW. Plants includes Surgutskaya (5.7 GW, natural gas), Berezovkaya (2.4 GW, lignite), Shaturskaya (1.5 GW, natural gas), Smolenskaya (1 GW, coal and natural gas) and Yaivinskaya (600 MW, coal and natural gas). Uniper had already informed the Russian government that it had decided to sell its stake in 2021 and Unipro had already been deconsolidated from an accounting perspective since the end of 2022.
Fortum's Russian affiliate owns and operate thermal power plants in the Ural region and Western Siberia. They have a total power generation capacity of 4.7 GW and a heat production capacity of 7.6 GW. Six plants produce electricity and heat for the market, while one produces only electricity.
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