Zero Hedge
By Tyler Durden – May 13, 2022
Russia will cut its delivery of electricity to Finland starting Saturday, RAO Nordic said Friday, which is a subsidiary of Russian state energy holding Inter RAO. It’s calling the stoppage unprecedented.
“We are forced to suspend the electricity import starting from May 14,” RAO Nordic said, explaining as the reason that it had yet to receive payment for volumes sold in May. “RAO Nordic is not able to make payments for the imported electricity from Russia.”