Key points

  • Strengthened international position through restructuring of international hydropower activities and operational integration of the enterprises in South America and South Asia, agreement for increased ownership in Desenvix in Brazil and the acquisition of controlling interest in the Chilean hydropower company Empresa Eléctrica Pilmaiquén
  • Freed up capital for investments within renewable energy through sale of Finnish power production and reduced shares in wind farms in the UK
  • Completed wind power development projects in Sweden and the UK, as well as hydropower and district heating projects in Norway
  • Strengthened equity through capital inflow and reduced future dividends