Fingrid Oyj
The Energy Authority has decided on the regulation methods for 2016-2023
Fingrid Oyj / Miscellaneous 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. Media archive at www.dgap.de/ukreg --------------------------------------------------------------------------- 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
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