January 13, 2022

Adven/Värmevärden secures its financing as a joint Group – paving the way for future growth

As part of the integration process between Adven and Värmevärden, the old financing platforms have been merged into one new combined financing structure, supplemented with additional and enlarged facilities to enable further growth. The combined financing structure was finalized in the end of 2021.

“With this new combined financing platform, the Group is perfectly equipped to deliver on our strategy and strengthening our position as the leading platform for sustainable growth” says Jonas Sjölander, SVP, Corporate Finance and M&A of Adven/Värmevärden.

With the new capital, Adven/Värmevärden can continue its investments in the production of industrial steam, heat and cooling as well as utility and processing solutions to improve energy, and water efficiency in Finland, Sweden, Norway, Estonia, Latvia, as well as the Netherlands, which the Group just recently entered.

About the Adven/Värmevärden Group

Adven/Värmevärden is a new energy group whose common journey towards becoming the leading actor within sustainable energy solutions started during 2020. Together our 520 employees supply sustainable district heating and geoenergy to the real estate sector as well as steam, heating, cooling, and related infrastructure solutions to industries. With more than 50 years of experience within the energy sector the group today operates around 350 sites in the Nordic and Baltic countries.

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