Fennovoima is a nuclear energy company established to meet the energy needs of Finnish enterprises.
Hanhikivi 1 nuclear power plant will generate approximately 10 percent of Finland’s electricity needs
– reliably, and with no emissions.
Fennovoima was established in 2007 by electricity consumers: Finnish companies and municipalities in need of safe, reliable and climate friendly energy supply. Fennovoima will build its Hanhikivi 1 nuclear power plant to a greenfield site in Pyhäjoki in Northern Finland.
Fennovoima’s Hanhikivi 1 nuclear power plant is a huge investment, creating electricity at a stable price for its owners. The economic and employment effects of the project extend throughout Finland. The nuclear power plant will strengthen Finland’s energy self-sufficiency and helps to achieve our climate targets.