Summary of decisions by Länsimetro Oy’s Board of Directors on 21 November 2019

A status report on the construction of the Matinkylä–Kivenlahti section was presented to the Board. Construction of the Matinkylä–Kivenlahti section is progressing in line with the project plan’s schedule and budget. The Board was presented with the personnel changes that have taken place in the construction project and in Länsimetro Oy.

The monitoring of finances was presented to the Board. The Board authorised the CFO to launch a tender process for and conclude an agreement on financing in the amount of max. EUR 100 million in one or several loans. The tender for financing will be carried out jointly with the City of Espoo’s finance department.

The Board of Directors was presented with a plan for park-and-ride arrangements for the second phase, the Matinkylä–Kivenlahti section.

The CEO presented to the Board a capacity report drawn up by experts from HKL, HSL, Länsimetro Oy and the City of Espoo. The Board was presented with Länsimetro’s principles for responsible communication and reporting to the owner.

The next meeting will be held on 19 December.

Further information:
Olli Isotalo, Chairman of the Board of Länsimetro Oy, tel. +358 (0)50 593 3359
Ville Saksi, CEO, Länsimetro Oy, tel. +358 (0)40 823 2086
Media contacts: Satu Linkola, Communications Director, tel. +358 (0)46 877 3392