Spring Advisor acted as the financial advisor to Outokummun Energia in its acquisition of Itä-Savon Lähienergia Oy and Kangaslämpö Oy.
The acquisition supports Outokummun Energia’s vision of becoming Eastern Finland’s leading local energy producer while strengthening the role of locally produced domestic energy in supporting security of supply and carbon neutrality goals. At the same time, the transaction enables the seller to further sharpen its focus on its core business.
Congratulations to both parties on a successful transaction!
Read more in Outokummun Energia’s press release
