Pohjolan Voima Oyj Interim Report 1 January – 30 June 2018

Pohjolan Voima’s heat and power production continued at the normal level.  
Teollisuuden Voima and the plant supplier consortium companies signed and executed a settlement agreement concerning the completion of the OL3 EPR project and related disputes in March. 
Pohjolan Voima issued a bond of €125 million.

The consolidated result of continuing operations at the end of the reporting period was €254.7 (233.9) million.

In June 2018, Pohjolan Voima Oyj issued a senior unsecured bond of €125 million. The bond matures on 8 June 2023 and it carries a fixed annual interest of 1.75 percent. Pohjolan Voima Oyj will submit an application to have the bond listed on Nasdaq Helsinki Ltd within 12 months from the date of issuance of the bond.

Pohjolan Voima’s electricity deliveries in January–June 2018 totalled 6.2 (5.8) TWh, of which the Group’s own electricity production accounted for 5.9 (5.5) TWh. Purchases from the Nordic electricity markets amounted to 0.3 (0.3) TWh and sales 0.2 (0.2) TWh. The parent company’s deliveries to its shareholders totalled 5.6(5.2) TWh and subsidiaries’ deliveries to their other shareholders 0.3 (0.3) TWh. Pohjolan Voima’s Heat deliveries totalled 2.6 (2.4) TWh.

Further infomation: 
Minna Laakso, CFO, Pohjolan Voima Oyj, e-mail: minna.laakso (at) pvo.fi, phone +358 (0)10 478 6421