Adven renews its financing platform with EUR 675 million

15th January 2025
News General
Adven CFO Toni Tamminen. Picture: Adven

 

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 it provides a solid foundation for the company’s growth in the coming years.

“Adven has acted as a trusted partner for more than 50 years to industrial firms and property owners of all types and sizes as well as the public sector in their energy projects across Northern Europe. I am delighted by the strong interest within the capital markets towards our company and the impactful work we are doing and thankful for the trust the investors have placed in us”, says Adven´s CFO Toni Tamminen.

“A strong and predictable financial position in the capital-intensive energy sector provides us with a solid foundation for sustainable growth – driving expansion in our District Heating, Industrial Energy Solutions and Geoenergy businesses. Through our Energy as a Service® model, we invest in, own, develop, and operate our clients’ energy production facilities under long-term partnerships and our financial platform serves as a powerful catalyst for accelerating these investments in the green energy transition without delay. What a fantastic way to kick off 2025!”, adds Adven´s CEO Jonas Sjölander.

 

More information:

Adven CFO Toni Tamminen, +358 50 365 6149, toni.tamminen@adven.com

Adven SVP, Marketing and Communications, Mia Sipilä-Heikura, +358 40 868 1515, mia.sipila-heikura@adven.com