Adven to acquire E.ON’s district heating and distributed energy solutions business E.ON Värme Lokala Energilösningar Aktiebolag (‘EVLE’) in SwedenNews 2017-12-04
EVLE owns and operates well established district heating operations in nine municipalities in Southern and Central Sweden. In addition, EVLE has multiple distributed energy solutions locations in the same areas. The business is extremely complementary for Adven, and will augment growth in Sweden.
New CEO appointed to AdvenNews 2017-11-03
M.Sc (Econ), CFA Jyrki Vainionpää is appointed CEO Adven Group. Vainionpää, currently the Deputy CEO at Vapo Oy, will start at Adven in August 2018.
Adven acquires the local district heating network (Bio MegaWatt) in Southern SwedenNews 2017-10-24
In September Adven and Bio MegaWatt agreed on an asset deal, whereby Adven acquires Bio MegaWatt’s local district heating network and its operations in Sösdala area, Southern Sweden. There is growth potential in the area and the goal is to develop the district heating operations in the municipality through expansion.
Sustainable fuel choices lead to 31% smaller carbon footprintNews 2017-10-03
Adven has systematically lowered the emissions of its plants since 2012. What is the secret behind its success, and what is in store for the future?
Greener heating and cooling for shopping centresNews 2017-08-07
Greener heating and cooling for shopping centres Shopping centres make excellent geoenergy sites. They have a relatively high need for energy and generally provide a good framework for implementing geoenergy.
Biofuel production can be intensified – Biokraft AS and Adven Oy to start cooperation in NorwayNews 2017-05-31
Adven has closed an agreement with Biokraft AS regarding reject water processing at the Biokraft AS’s biogas plant being built close to Trondheim, in Skogn, Norway. When ready, the biogas plant in Skogn will be the biggest liquefied biogas production facility in the Nordics.
Shopping center Jakobsbergs Centrum is now energy self-sufficient thanks to geoenergyNews 2017-05-24
Shopping center Jakobsbergs Centrum in Stockholm area is so far the largest shopping center in Sweden converted to geoenergy. Altogether 68 geo wells were drilled underneath the center which now is almost completely energy self-sufficient thanks to renewable geoenergy. With geoenergy the shopping center’s need of district heating is reduced with the equivalent of heating 400 row houses. Project was realized in cooperation with Citycon, the owner of center, and energy partner Adven.
Lippulaiva to house the world’s largest geothermal plant in a shopping centreNews 2017-05-16
Citycon is building the new state-of-the-art Lippulaiva shopping centre in Espoo, Helsinki Area. The heating and cooling of the shopping centre will be produced by renewable, carbon-neutral geothermal energy derived from the bedrock. Lippulaiva will use all of the heating and cooling energy provided by the plant, so the energy production will be local. The plant will make Lippulaiva almost completely self-sufficient in terms of heating and cooling energy.
Phil Pacey (AMP Capital) has been appointed as a member of Adven’s Board of DirectorsNews 2017-04-03
Phil Pacey has been appointed as a member of Adven’s Board of Directors from April 1, 2017. Before joining AMP Capital on September 1, 2016 as a Principal in the Infrastructure Equity team, Phil has made an impressive finance and operational career in various key roles, mainly in transportation and infrastructure industries. He also has served on several boards during the last 20 years.
Juhani Sillanpää has been appointed as Senior Vice Presidet, M&ANews 2017-04-03
Adven’s strategic goal is to grow profitably. In order to reach this goal, we need to have a strong organic growth and on top of that we need to make a significant amount of acquisitions during the next few years. Juhani Sillanpää (M.Sc Econ, LL.M EC Law) has been appointed as Senior Vice President, M&A from April 1, 2017. He also will be a member of Adven’s management team reporting directly to the CEO.