Spring acted as the financial advisor to PVO-Vesivoima and TLS in the sale of Tornionlaakson Voima
Spring acted as financial advisor to PVO-Vesivoima and Tornionlaakson Sähkö (TLS) in the sale of Tornionlaakson Voima to funds managed by Downing. Tornionlaakson Voima, jointly owned by PVO-Vesivoima and TLS and operating three hydropower plants in the Tengeliönjoki river system, is being acquired by funds managed by Downing, a renewable energy-focused investment manager. The transaction […]
Spring as the financial advisor to the Finnish State in the ownership arrangement of Fingrid Oyj
Spring Advisor acted as exclusive financial advisor to the State of Finland on a significant transaction that increases the state’s ownership in Fingrid Oyj, Finland’s transmission system operator. The State will acquire all Fingrid Series A shares held by Ilmarinen Mutual Pension. The transaction strengthens the state’s governance in a strategically critical company at the […]
Spring as financial advisor to Nevel in the establishment of a joint venture with Sotkan Voima
Spring Advisor acted as the financial advisor to Nevel Oy in the establishment of a new joint venture with Sotkan Voima Oy. The joint venture, Sotkamon Energia, will be responsible for the production, distribution, customer service, and development of district heating in the municipality of Sotkamo. Operations are planned to begin in early 2026. The […]
The Finnish retail electricity market is changing fast and companies need to keep up
The last few years have been anything but dull in retail electricity. The energy crisis sent prices into the stratosphere in 2022 and although the market has since calmed, uncertainty remains. Variability in generation, weather phenomena and shifts in consumption have reshaped the landscape in ways not seen before. Consumers now track the day-ahead spot […]
Spring as financial advisor for Oomi in the acquisition of Kokemäen Sähkö’s electricity retail portfolio
Spring advised Oomi on the acquisition of Kokemäen Sähkö’s electricity retail portfolio. The transaction supports Oomi’s growth strategy and further strengthens its market-leading position in electricity retail. Spring congratulates both parties on well-executed transaction process! Read more: Kokemäen Sähkön sähkönmyynnin kuluttaja- ja yritysasiakkaat siirtyvät Oomille – Oomi For more information, please contact Spring’s core transaction team: Miikka […]
Spring at Energy Sector Events – What Did We Learn from Recent Discussions?
In recent weeks, our Energy Team has taken part in several industry events that offered valuable perspectives on current issues and future directions in the energy sector. Below is a summary of some key insights that emerged in discussions around district heating, biogas, and the electricity grid. District Heating Days 2025 – Focus on Security […]
Spring Advisor as financial advisor to Oomi in the merger of Oomi and Lumme Energia
Spring Advisor acted as the exclusive financial advisor to Oomi and its owner, Oomi Palvelut Oy, in the arrangement where Oomi and Lumme Energia merge to form Finland’s largest electricity retailer and energy services company. The Spring team provided comprehensive advice to Oomi throughout the transaction, covering strategic preparation, negotiations, and deal execution. Deep industry […]
Spring Advisor as financial advisor to Haminan Energia in the sale of its district heating and electricity network businesses to CapMan Infra
Spring Advisor proudly served as the exclusive financial advisor to Haminan Energia Oy in the sale of its district heating and electricity network businesses to CapMan Infra. This transaction is a transformative step for Haminan Energia and the region, as CapMan Infra’s investment enables significant development in local energy infrastructure. The sale allows materializes an […]
Spring as financial advisor in the sale of Hamina Energy’s gas business to Auris Energia
Spring acted as financial advisor to Hamina Energy Ltd in the sale of Hamina Kaasuverkko Ltd and its gas sales customer portfolio to the Auris Energia Group. Through the transaction, Hamina Energy will focus its growth investments on, among others, electricity network, district heating, and LNG businesses. At the same time, Auris Energia strengthens its […]