Nordic energy company joins forces to push for a sustainable future
Nordic energy company Fortum has invested in Norrsken Evolve, committing to its €62 million fund aimed at accelerating electrification across Europe. The partnership aligns with Europe's ambition to create a more sustainable future, leveraging clean electricity and innovative technologies. Founded to support early-stage startups, Norrsken Evolve has already backed over 80 companies and focuses on solutions for energy systems and industrial decarbonisation. Fortum’s expertise and extensive operations across the Nordic energy market will provide valuable insights for Norrsken's portfolio, helping young companies optimize their impact in the energy sector. This collaboration highlights the vital role of innovation and investment in advancing Europe towards a clean electricity-driven economy. This alliance also coincides with Norrsken's Electro Union campaign, advocating for a commitment to 50% electrification in energy consumption by 2040.
