Haminan Energia Oy has sold its district heating and electricity network operations to CapMan Infra, aiming to improve local energy infrastructure and support carbon neutrality goals.

Target Information

Haminan Energia Oy has successfully sold its district heating and electricity network operations to CapMan Infra. This strategic move is set to enhance the development of both the local energy infrastructure and the Haminan region overall. The investment from CapMan Infra will facilitate the construction of a new facility that will utilize the excess heat from Google's data center, thereby providing carbon-neutral district heating to meet the growing demand while aligning with Haminan's carbon neutrality goals.

Spring Advisor acted as the exclusive financial advisor to Haminan Energia during this transaction, showcasing the firm’s commitment to supporting its clients in achieving sustainable energy solutions and positive outcomes. Tarja Tikkanen, Chairman of the Board at Haminan Energia, expressed gratitude to Spring Advisor, noting their dedication and professionalism throughout the process. This transaction stands as one of the most significant energy deals in Finland in 2024 and marks a critical milestone for both Spring Advisor and its energy team.

Industry Overview in Finland

The energy sector in Finland is currently experiencing a transformative phase driven by a shift towards sustainable and renewable energy solutions. The government has made significant commitments to reduce carbon emissi