Finn Fennovoima buys land for planned nuclear plant

Monday, March 17, 2008

HELSINKI, March 11 (Reuters) - Energy firm Fennovoima said on Tuesday it has agreed to buy over 200 hectares of land in Simo, northern Finland, for a potential nuclear plant site, securing its second plot in Finland.

The company, a joint venture formed by Finnish steel firm Outokumpu, German utility E.ON and other smaller companies, aims to build a 1,500 to 2,500 megawatt nuclear plant in Finland and hopes the power station would be ready in 2018.

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