TVO Group
Teollisuuden Voima Oyj (TVO) is a non-listed public limited liability company. TVO's majority shareholder is Pohjolan Voima Oyj with a 58.5 percent shareholding in TVO. TVO is a joint venture of Pohjolan Voima.
The Teollisuuden Voima Group comprises subsidiaries TVO Nuclear Services Oy (TVONS) and nuclear waste management company Posiva Oy. TVO Nuclear Services Oy (TVONS) is a subsidiary fully owned by TVO. Posiva Oy is jointly owned by TVO and Fortum, TVO's shareholding being 60 %. Posiva Solutions Oy is a fully-owned subsidiary of Posiva Oy.
The other owner companies are:
- EPV Energia Oy
- Fortum Power and Heat Oy
- Kemira Oyj
- Oy Mankala Ab.
The company has two series of shares. Series A entitles holders to the electricity produced by the current nuclear power plant units, OL1 and OL2. Series B entitles holders to the electricity to be produced by the nuclear power plant unit, OL3.
| A series (OL1 & OL2) | B series (OL3) | Total | |
|---|---|---|---|
| EPV Energia Oy | 6.6 | 6.6 | 6.6 |
| Fortum Power and Heat Oy | 26.6 | 25.0 | 25.8 |
| Kemira Oyj | 1.9 | - | 0.9 |
| Oy Mankala Ab | 8.2 | 8.2 | 8.2 |
| Pohjolan Voima Oyj | 56.8 | 60.2 | 58.5 |
| 100 | 100 | 100 |
The figures in the chart are percentages (%).
Through its direct owners, TVO’s nuclear electricity brings wellbeing to 131 municipalities. These municipalities are shareholders in the more than 50 energy companies that serve as a route for distributing electricity from Olkiluoto throughout Finland.