Fingrid Oyj

The Energy Authority has decided on the regulation methods for 2016-2023

Fingrid Oyj / Miscellaneous
The Energy Authority has decided on the regulation methods for 2016-2023

05-Jan-2016 / 09:30 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Helsinki, Finland, 2016-01-05 09:30 CET (GLOBE NEWSWIRE) -- Fingrid Oyj
Stock Exchange Release 5 January 2016 at 10.30 EET

The Finnish Energy Authority has come to a decision about the regulation methods for electricity transmission system operations for the 2016-2019 and 2020-2023 regulatory periods.

The regulation methods encompass several different methods which together form an entity. The regulation methods allow the Energy Authority to monitor, on the one hand, the reasonableness of the prices charged by the Transmission System Operator (TSO) and, on the other hand, its capabilities to make sufficient investments in the grid, cover its costs and generate a reasonable return for its shareholders.

In Fingrid Oyj's view, the development of the key financial parameters in the regulation methods for the 2016-2023 regulatory periods has headed in the right direction and supports the long-term development of the main grid.

The regulation methods entered into force on 1 January 2016 and the appeal period ended on 4 January 2016. Fingrid did not appeal the decision.

More information:
Jan Montell, Chief Financial Officer, tel. +358 (0)30 395 5213 News Source: NASDAQ OMX



05-Jan-2016 The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Fingrid Oyj
Finland
ISIN: XS0113638653
Category Code: MSC
TIDM: BR96
Sequence Number: 2952
Time of Receipt: 05-Jan-2016 / 09:30 CET/CEST
End of Announcement EQS News Service

426961  05-Jan-2016 

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