HELSINKI Nov 22 Some small shareholders in
Finnish nuclear consortium Fennovoima are considering pulling
out, public broadcaster YLE reported, adding to concerns over
the group's future after a top investor said it plans to sell
Fennovoima, which plans to build a new reactor in Pyhajoki,
western Finland, is looking for a new investor after German
utility E.ON announced last month it plans to sell
its 34 percent stake.
At least six Finnish municipalities, which hold small stakes
in Fennovoima through local utility firms, said they had doubts
about continuing with the project, YLE reported.
Those municipalities account for a small share of total
ownership in Fennovoima, including E.ON's existing stake. But it
could signal increasing scepticism among smaller investors that
had signed on in hopes of access to cheap electricity.
Steel maker Outokumpu, the biggest industrial
owner in the project with a 10 percent stake, said last month it
was still committed to the project.
(Reporting By Jussi Rosendahl; editing by James Jukwey)