UPM redeems Myllykoski power plant from Vamy Oy

UPM redeems the Myllykoski power plant from Vamy Oy in accordance with a previous commitment. The redemption is included in the reserves made in connection of the Myllykoski paper mill restructuring plans.

Vamy Oy's power plant, located in Myllykoski, is a combined heat and power plant. The plant has been producing energy mainly to UPM Myllykoski mill. The power plant has used mainly biofuels and also peat and natural gas as raw materials. The power of the main boiler of the power plant is 88 megawatts. Vamy Oy is an affiliated company of Vattenfall AB.