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The city of Tallinn and Utilitas are creating a joint venture

The city of Tallinn and Utilitas OÜ will enter into a partnership agreement with the aim of creating the joint venture AS Utilitas Tallinna Soojus for district heating, 33.34% being owned by the city and 66.66% by Utilitas. The new joint venture will be a holding company leading investments in the Tallinn region, while AS Utilitas Tallinn will continue to sell heat.