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Industrial partnership with Nordic Paper improves energy efficiency in Säffle

Energy company Adven and the paper mill Nordic Paper in Säffle, Sweden, have signed a long-term agreement tailored to Nordic Paper’s operational needs. By leveraging the capacity of Adven’s modern district heating plant, Nordic Paper secures a stable and efficient heat supply for its production while contributing to a more…

Adven’s new bio boiler house started operations in Vändra, Estonia

A new renewable-fuel-based boiler house has started operating on Turu Street in Vändra, Estonia. The new facility improves security of supply, reduces environmental impact, and ensures more stable heating prices. For a long time, a solution was sought to modernize the previous, larger boiler plant on Jannseni Street. “The old…

Adven acquired energy company Kaskisten Energia in Finland

Adven Oy has acquired the entire share capital of Kaskisten Energia Oy from the City of Kaskinen and will continue the production and development of district heating in Kaskinen, Finland. The transaction was completed on Wednesday 26 February 2025. Adven's goal is to develop Kaskinen’s district heating towards more sustainable…

Adven’s geoenergy and heat recovery solutions reduced a commercial property’s heating emissions to zero in Nastola, Finland

A large-scale energy renovation has been completed at the Kauppakaari 1 commercial property in Nastola, Finland. The property houses major retail chains such as Tokmanni, Lidl, and JYSK as tenants. Heating and cooling for the 10,000-square-meter property have transitioned to utilizing waste heat, renewable geoenergy and solar energy. Fossil fuels…

Building a strong foundation for future growth – new organization structure to support the journey

In a strategic move to accelerate growth and improve operational efficiency Adven has in December 2024 announced a new organizational structure to enhance efficiency and collaboration across all business segments. This new structure follows the appointment of Jonas Sjölander as CEO in November 2024, marking a new chapter in the…

Adven renews its financing platform with EUR 675 million

[caption id="attachment_19613" align="alignnone" width="700"] Adven CFO Toni Tamminen. Picture: Adven[/caption]   Adven has renewed its financing platform by raising EUR 675 million through a mix of bank and private placement loans and establishing an investment grade (BBB) rating for the platform. The refinancing was closed in early January 2025, and…

Nammo Vihtavuori doubles waste heat recovery with new cooling plant

Adven and Nammo Vihtavuori have agreed to build a new cooling plant for Nammo’s propellant plant in Laukaa, Finland. The new solution doubles the use of waste heat at the factory, eventually meeting over 80% of the heating needs for properties in the area. This is the result of nearly…

Arla Vimmerby now 30% more energy efficient

Just in time for Arla's 20th anniversary in Vimmerby, the milk powder factory is now 30 per cent more energy efficient. This is the result of a close collaboration with energy partner Adven that began in 2021, who also made the site fossil free. The farmer-owned company is now harvesting…