EX-99.I-1 3 0003.txt STORA ENSO ENERGY ASSETS EXHIBIT I-1 STORA ENSO ENERGY ASSETS CAPACITY IN 1999 OPERATION GENERATION ASSETS OWNED BY STORA ENSO OYJ Huruskoski hydroelectric plant 4.8 MW 28 GWh (Finland) Imatra Mill (Finland) 154 MW 694 GWh Heinola Mill (Finland) 37 MW 121 GWh ASSETS RELATED TO OWNERSHIP OF PVO D SHARES (assets of PVO to be transferred to Stora Enso subsidiaries) Veitsiluoto mill (Finland) 147 MW 622 GWh Oulu mill (Finland) 125 MW 550 GWh Kemijarvi mill (Finland) 24 MW 178 GWh ASSETS OWNED BY SUBSIDIARIES: STORA ENSO PUBLICATION PAPER OY LTD Anjalankoski mill (Finland) 79 MW 389 GWh Varkaus mill (Finland) 85 MW 286 GWh Summa mill (Finland) 48 MW 101 GWh STORA ENSO TIMBER OY Honkalahti mill (Finland) 4 MW 13 GWh LAMINATING PAPERS OY Kotka mill (Finland) 15 MW 0 GWh STORA ENSO PULP AB Skutskar mill (Sweden) 46 MW 259 GWh Norrsundet mill (Sweden) 25 MW 160 GWh ASSETS OWNED BY SUBSIDIARIES (CONT.): STORA ENSO HYLTE AB Hylte mill (Sweden) 28 MW 127 GWh STORA ENSO KVARNSVEDEN AB Kvarnsveden mill (Sweden) 15 MW 47 GWh STORA ENSO PAPERBOARD AB Gruvon mill (Sweden) 37 MW 186 GWh Skoghall mill (Sweden) 73 MW 142 GWh STORA ENSO FORS AB [FN] Back-up. Not normally in operation. In addition, an old 30 MW turbine has not been in use since the early 1960s. Fors mill (Sweden) 10 MW 37 GWh STORA ENSO GRYCKSBO AB Grycksbo mill (Sweden) 4.2 MW 7 GWh STORA ENSO NYMOLLA AB Nymolla mill (Sweden) 34 MW 207 GWh CELULOSE BEIRA INDUSTRIAL (CELBI) S.A. Celbi mill (Portugal) 50 MW 167 GWh STORA ENSO CORBEHM S.A. Corbehm mill (France) 88.7 MW 290 GWh STORA ENSO UETERSEN GMBH Uetersen Mill (Germany) 12 MW 8 GWh STORA ENSO MAXAU GMBH & CO. KG Maxau mill (Germany) 75.6 MW 397 GWh STORA ENSO SACHSEN GMBH Sachsen mill (Germany) 42 MW 310 GWh STORA ENSO PORT HAWKESBURY LTD. Port Hawkesbury mill (Canada) 27.2 MW 72 GWh STORA ENSO SUZHOU PAPER CO. LTD. Suzhou mill (China) 6 MW 14.47 GWh ASSETS OWNED BY JOINT VENTURES: WKC GRIFT CV Berghuizer mill (Netherlands) 73 MW 560 GWh ASSETS OWNED BY JOINT VENTURES (CONT.): COGENERATION PLANT S.L. Barcelona mill (Spain) 42 MW 407 GWh ASSETS OWNED BY THIRD PARTIES: INDUSTREIKRAFTWERK BAINFURT Baienfurt mill (Germany) 39.4 MW 251 GWh [FN] Joint venture owned 50% by Berghuizer Papier Fabriek NV, a subsidiary of Stora Enso Oyj, and 50% by Nuon N.V. Joint venture owned 91% by Stora Enso Barcelona S.A., a subsidiary of Stora Enso Oyj, and 9% by Deutsche Bank. In 1999, Stora Enso Baienfurt GmbH, a subsidiary of Stora Enso Oyj, sold all of the energy production assets to Industreikraftwerk Bainfurt ("IKB"), which is owned 50% by EnBW Energie-Vertriebsgesellschaft mbH ("EnbW"), a local grid company, and 50% by VEW Energie. Complete responsibility for management of the assets belongs to IKB. Stora Enso Baienfurt GmbH has an option to repurchase the assets after 15 years. 2 ENERGIE-VERTRIEBSGESELLSCHAFT MBH Wolfshek mill (Germany) 2 MW 15 GWh ABB KREDIT OY Kotka mill (Finland) 71 MW 473 GWh Anjalankoski mill (Finland) 72 MW -- PVO Shares to be divested 346.6 MW Depends on (Stora Enso share) market conditions -------- [FN] Operated by Stora Enso Maxau GmbH & Co. KG. Sale and leaseback transaction between Stora Enso Oyj and ABB Kredit Oy. The facility is managed by Stora Enso Publication Paper Oy and Laminating Papers Oy, subsidiaries of Stora Enso Oyj. Sale and leaseback transaction between Stora Enso Publication Paper Oy and ABB Kredit Oy. Under construction. Excluding entitlements to the power output of the assets to which Stora Enso is entitled pursuant to its ownership of the PVO Series D shares described above.