Fennovoima makes further land acquisition

27 March 2008

Fennovoima announced on 26 March that it has acquired almost 100 hectares of land in the Norrskogen area in Kristinestad on Finland's western coast. Environmental Impact Assessments (EIAs) are currently being conducted in Kristinestad, Pyhäjoki, Ruotsinpyhtää and Simo for a potential nuclear power plant. Fennovoima has already acquired some 600 hectares of land in Ruotsinpyhtää in southern Finland, as well as 200 hectares in the Karsikko and Laitakari areas in Simo, northern Finland. The company said that additional land purchase agreements will be made in the near future. Fennovoima said that its EIA report will be completed in October 2008, and the whole EIA procedure is expected to be completed in February 2009. The plant alternatives under review involve the construction of either one unit with a production capacity of 1500-1800 MWe, or two units each with a capacity of 1000-1250 MWe. A pressurized water reactor (PWR) and a boiling water reactor (BWR) are both being considered.

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