Fingrid Oyj — M&A Activity 2013

Dec 30, 2013

Fingrid Oyj / Miscellaneous

30.12.2013 13:34

Dissemination of a Regulatory Announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Helsinki, Finland, 2013-12-30 13:35 CET (GLOBE NEWSWIRE) -- Fingrid Oyj

Stock Exchange Release December 30 2013 at 14.35 EET

The grid network companies Fingrid Oyj from Finland and Elering OU from Estonia have completed the Estlink 1 transmission cable transaction.

Previously, the transmission system operators have rented the cable capacity from its owners, AS Nordic Energy Link ('NEL') and its subsidiary N.E.L. Finland Oy. NEL's shareholders are Eesti Energia AS (39.9%), AS Latvenergo (25%), Lietuvos Energijos Gamyba AB (25%) and Finestlink Oy (10.1%).

The transaction was announced on 27 November, 2013.

Further information:
Jukka Ruusunen, President & CEO, Fingrid, tel. +358 30 395 5140
Kari Kuusela, Executive Vice President, Fingrid, tel. +358 30 395 5129
Marina Louhija, General Counsel, Fingrid, tel. +358 30 395 5289

www.fingrid.fi
News Source: NASDAQ OMX

30.12.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

Language: English
Company: Fingrid Oyj

Finland

Phone:
Fax:
E-mail:
Internet:
ISIN: XS0113638653
Category Code: MSC
TIDM: BR96
Sequence Number: 1835
Time of Receipt: Dec 30, 2013 13:34:53

End of Announcement
DGAP News-Service