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Publish Date : 21-Aug-2013

Fortum and Maintpartner have signed a three-year operation and maintenance agreement regarding Fortum's hydropower plants in the Oulujoki and Imatra regions of Finland.

Under the agreement, the local operation and maintenance personnel of Fortum's hydropower plants will transfer to Maintpartner as existing employees, effective 1 December 2013. The number of employees transferring from the Oulujoki and Imatra regions is 34 and 19, respectively. Some Fortum employees will remain locally at the power plants. These employees will focus on the management of hydropower assets, on local stakeholder relations and on hydropower investment projects.

"Hydropower is a core business for Fortum. We want to focus our own resources on planning and implementing maintenance and refurbishment investments targeting our plants. This is why we wanted a partner specialising in the daily maintenance of our plants," Fortum's Risto Andsten, Vice President, Renewable Energy, explains the decision.

"The agreement signed with Fortum is a significant step for Maintpartner as we expand in local operation and maintenance of hydropower plants as well as in project and installation services, especially in the Nordic countries," says Maintpartner's Juha Lepikko, Deputy Managing Director.

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