Energy company Fortum is selling a 50 percent stake in Sweden's largest supplier of district heating, Stockholm Exergi, to a consortium consisting of four Nordic pension companies and an international investment manager.
The long-term investors buying the stake for EUR 2.9bn are Swedish pension fund Alecta and Finnish mutual pension insurer Keva, two Dutch pension managers PGGM and APG and asset manager AXA IM.
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