Fennovoima will build a new nuclear power plant

Fennovoima will build a max 1,800 megawatt nuclear power plant in Northern Finland in order to produce electricity for its shareholders at cost price.

In 2011 Fennovoima chose Pyhäjoki in Northern Finland as the site location for its nuclear power plant.

In 2012-13 Fennovoima will select the plant design from Areva or Toshiba.

First works on the site will start in late 2012 the earliest. The plant is planned to start producing electricity earliest in 2020.