The City of Tallinn and district heating provider OÜ Utilitas are on course to sign a cooperation agreement for a joint venture called AS Utilitas Tallinna Soojus two-thirds of which would be owned by the city and a third by Utilitas.
The joint venture will be a holding enterprise in charge of investments in the Tallinn area, while district heating services will continue to be handled by Utilitas Tallinn, the city government said.