Elenia produces distribution and heating service
Elenia has its roots in Finnish local energy companies. After the Finnish electricity market was opened up to competition by the introduction of the Finnish Electricity Market Act in 1995, the Swedish energy company Vattenfall Ab acquired Lapuan Sähkö, Hämeen Sähkö, Revon Sähkö, Heinola Energia, Keski-Suomen Valo and Hämeenlinnan Energia. Under the corporate structure of Vattenfall Finland, these companies constituted subsidiaries including Vattenfall Verkko and Vattenfall Lämpö which were bought by Elenia on 10 January 2012 as an enterprise sale. Elenia Oy was at the time of the transaction indirectly owned by a consortium comprising Ilmarinen Mutual Pension Insurance Company, GS Global Infrastructure Partners II L.P. and GS International Infrastructure Partners II L.P. as well as 3i Infrastructure plc.
The acquired businesses became Elenia Group which comprises electricity distribution provider Elenia Oy as parent company and its wholly owned heating solutions provider Elenia Lämpö Oy and financial company Elenia Finance Oyj.
Elenia Group’s total revenue in 2013 was EUR 293.7 million and the number of employees was 377. Close cooperation with local partner companies is an integral part of the Group’s operations. Including the organisations in its partner network, the Group’s customers are served on a daily basis by over 1000 employees.