abrdn’s Finnish district heating and energy services business platform, Loimua Oy (formerly known as Elenia Heat), is to acquire Pilke Energia and its subsidiaries from Lahti Energia.
Pilke Energia owns and operates biomass boilers with a capacity of 48MW across two sites in the municipality of Kärkölä in southern Finland. The company’s main responsibility is to produce energy for a local wood product company, Koskisen Oy.
abrdn has been actively investing in Finland for over seven years starting with the acquisition of Auris Energiaratkaisut, followed by Riihimäen Kaukolämpö (RKOY), Loimua and Outokummun Energia (OKE), developing successful partnerships with both public and private sector partners to drive innovation and solutions in the energy sector.