Pohjolan Voima Oyj’s interim report January-June 2019

  • During the first half of 2019 Pohjolan Voima’s electrcity and heat production continued on normal levels. Pohjolan Voima’s total electricity supply was 5,7 TWh (6,2) and heat supply amounted to 1,8 TWh (2,6).
  • Pohjolan Voima’s senior unsecured bont issued in June 2018 was listed to Nasdaq Helsinki.
  • After the interim report period TVO received an updated schedule for the commissioning of the OL3 EPR plant unit from the plant supplier Areva-Siemens Consortium. According to the received information, the regular electricity generation at the OL3 plant unit will start in July 2020.

Assessment of Year-End Developments

Electricity and heat production is expected to continue as in previous years.

Realization of TVO’s OL3 EPR nuclear power plant project and preparing the plant unit for production will be continued. For the loading of nuclear fuel, TVO still needs a separate permission from the Radiation and Nuclear Safety Authority (STUK). Suppression of pressurizer surge line’s vibration detected in hot functional testing (HFT) is in progress and will be completed before fuel loading. TVO will continue to support the Supplier to complete the project.

Nasdaq Helsinki

Further enquiries:

CFO Minna Laakso, Pohjolan Voima Oyj, +358 40 506 0802, minna.laakso@pvo.fi