Home > Alerts > United Kingdom > DIF, Aberdeen Standard Investments and Local Pensions Partnership to acquire Elenia Heat
2 July 2019
“Schiphol, 1 July 2019 – DIF Infrastructure V (“DIF”), SL Capital Infrastructure II (“ASI”) and Local Pensions Partnership Investments (“LPPI”) are pleased to announce the signing of an agreement to acquire 100% of Elenia Lampö Oy (“Elenia Heat”) from Elenia Oy.
Elenia Heat is the 9th largest district heating company in Finland. The company owns and operates 16 district heating networks across Finland with a total network length of 499km, via which it operates in 10 municipalities and serves approximately 85,000 end-customers. Elenia Heat also owns a gas distribution business, selling gas via 6 distribution networks. The company also holds a 50% stake in Oriveden Aluelämpö Oy, a small district heating network in Central Finland in the city of Orivesi.
The consortium was advised by Jefferies as sole financial adviser.
March 16, 2023
PIC invests £50 million in Portsmouth Water to finance the construction of the UK’s first reservoir since 1991
March 30, 2023
PIC agrees forward purchase of UK Government Property Agency Hub at Ruskin Square, Croydon for £268 million
March 29, 2023
The Exelerating platform helps you to gain relevant insights into € 6,000+ billion of European institutional assets. We do this by tracking and analysing thousands of public sources of data.Learn more