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Suvic AB, a subsidiary of Suvic Oy, has received a Notice to Proceed for the Storhöjden wind farm [Yahoo! Finance]

FORTUM OYJ CP UNSP/ADR (FOJCY) 
NASDAQ:AMEX Investor Relations: www3.fortum.com/about-us/investors/focus
Company Research Source: Yahoo! Finance
Suvic has received a Notice to Proceed from the customer for the Storhöjden wind farm and will start the actual construction work in Sweden. The work will be carried out by Suvic AB, a wholly owned Swedish subsidiary of Suvic Oy. With this notification, the conditional contract for Storhöjden announced on 20.12.2023 thus becomes a BoP contract. Suvic has already completed some design, field surveys and preliminary road alignments in Storhöjden as part of the early works agreement. "The actual work will start with topsoil removal, site mobilisation and quarrying, after which we will build the lifting fields and roadways. The foundations and cabling for the wind turbines are planned to be completed by December 2024," says Olli Niemelä , COO of Suvic's Swedish site operations, explaining the construction schedule for the park. The park of 22 wind turbines in Kramfors municipality is part of the High Coast project. The BoP is being made with Adalen and HC Wind – SPVs launched by Re Show less Read more
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