Sale of Fortum power grid could generate a second Finnish WBS

A second Finnish utility whole business securitization could result from the sale, announced on Thursday, of Fortum’s Finnish electricity distribution business.

  • By Jon Hay
  • 13 Dec 2013

Finland’s leading power company is selling the business for €2.55bn to a consortium of infrastructure investors, led by Borealis and First State.

The business, to be called Suomi Power Networks, comprises 79,000km of cable networks, serving 640,000 customers, with about a 20% market share in Finnish local electricity ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%