Joint Venture For Renewable Energy Solutions

摘要

Waertsilae and Metso have signed a contract to form a Joint venture combining Metso's Heat & Power business and Waertsilae's Biopower business.The new joint venture will provide medium and small-scale power and heat-ing plante,focusing on renewable fuel Solutions.Metso will own 60 % and Waertsilae 40 % of the Joint venture.It is estimated that in 2008 the Consolidated annu-al pro forma net sales of the Joint venture would be approximately €130 million and the number of employees approximately 200.