Fingrid Oyj is a Finnish national electricity transmission grid operator. It is owned by the Finnish state (53.1%) and various financial and insurance institutions (46.9%).[1]
In 2011, power companies Fortum Power and Heat Oy and Pohjolan Voima sold their stakes in Fingrid (25% each), because of EU Internal Market Directive in Electricity, which requires that power production and ownership of the transmission systems should be separate. The transmission from and to the Russian network was interrupted by the Russian side on May 13, 2022.[2]
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European Network of Transmission System Operators for Electricity
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