Tag: Finland

Ahlstrom and Munksjö announce merger

Finland: Finnish fibre-based materials company Ahlstrom and Swedish-headquartered specialty paper producer Munksjö have announced the combination of the two companies through a merger, creating a global provider of sustainable and innovative fiber-based solutions.

Statnett’s substation project awarded

Finland, Helsinki: Eltel has won a substation contract for a turnkey delivery of a new 420 kV substation for Statnett, Norwegian state-owned power grid operator, reports Business Wire.

ABB supplying transformers for $132M Arctic project

Finland: Finland's first commercial offshore wind farm, the €120-million ($132 million) 40 MW Tahkoluoto project in the Gulf of Bothnia, in the north of the Baltic Sea, west of Finland, will be custom-designed and built to withstand the local icy conditions.

Eltel to fully rebuild two substations in Sweden

HELSINKI, Finland: Eltel, a European provider of power infrastructure services, has won a contract for a full rebuild of two 130 kV substations in Sweden – Söderåsen and Mörarp owned by E.ON Elnät Sverige AB.

Končar ships transformer for the Arctic Circle

Croatia, Zagreb: Končar - Distribution & Special Transformers Inc. (D&ST) has shipped a 25 MVA power transformer to a transformer substation in the far north of Finland, close to the town of Sodankylä in the province of Lapland.

Finland to replace 1,000 pole-mounted transformers

Nordic Investment Bank (NIB) has signed a €29 million ($31 million) loan agreement with Finnish energy company Pohjois-Karjalan Sähkö Oy to upgrade one of the largest distribution networks in Finland and improve the security of supply to the company's customers.

Estonian power prices surge as Estlink 2 transformer fails

Norway, Oslo: Power prices in Estonia surged on Monday due to an outage on the 650-megawatt Estlink 2 submarine power cable to Finland which sent the spread between Estonian and Finnish prices to almost 10 euros, reports Reuters.