Divestment of 34 per cent of Espoon Sähkö (FI) — Amount not disclosed.

Carnegie acted as adviser to the City of Espoo in the sale of 34 per cent of Espoon Sähkö. Espoon Sähkö is one of the largest electricity distributors in Finland. Additionally, Espoon Sähkö supplies district heating for the regions of the City of Espoo and the City of Joensuu. September, 2001.