Latest in Adven

District heating

A new biofuel boiler house has been opened in Valmiera, Latvia – CO2 emissions will decrease by 10,000 tonnes

In co-financing from the European Union Cohesion Fund, the new biofuel boiler house of JSC Valmieras Enerģija was opened in Valmiera. Over 90% of heating will be produced from renewable energy resources. With the new boiler house, CO2 emissions will decrease by 10,000 tonnes a year. “This is an important…

General

Adven announces closing of its acquisition by institutional investors advised by J.P. Morgan Asset Management

Adven announced that its acquisition by institutional investors advised by J.P. Morgan Asset Management has now closed. Jyrki Vainionpää, CEO of Adven Group, said:“I am very happy that Adven has a leading infrastructure investor as our new owner and I look forward to delivering our ambitious agenda together. The open-end…

General

Infracapital and AMP Capital agree the sale of Adven to institutional investors advised by J.P. Morgan Asset Management

Infracapital and AMP Capital have owned Adven since January 2016, during which time they have worked with the business to achieve a number of significant milestones, including: Realising significant growth and delivering on the ambition to expand the business’ presence in the Swedish market, becoming the leading provider of outsourced…

Industries Energy production

Fuelwood is expanding the pellet production – new dryer and bio boiler plant in operation

The pellet manufacturer Fuelwood has started the production on its second line at the pellet plant located in Söderhamn, Sweden. Fuelwood had a need to both expand the capacity and to be able to use various raw materials in its production. Adven has built and financed a dryer and a…

Industries Metals, Minerals & Mining

Terrafame’s heat production CO2 emissions will soon decrease by 90 percent – again new investments in Sotkamo area

Terrafame and Adven will soon work together to reduce the carbon dioxide emissions of Terrafame’s heat production by almost 9,000 tonnes. In practice, a drop of more than 90% in emissions is expected to be reflected in 2021. The new energy plant, which will be completed this year, the recovery…

Utilities District heating

Siilinjärvi municipality will move for modern district heating

In the future, even more industrial excess heat will be used in Siilinjärvi in heating of houses and buildings. Savon Voima and Adven have signed an agreement in which an even larger part of the excess heat from the production of Yara’s Siilinjärvi plants will be transferred to the district…

Real estates Geoenergy

Satakunta University of Applied Sciences will use geoenergy in the future – CO2 emissions will decrease by more than 90 percent

The property used by SAMK and Kesko in Pori’s Asema Square will be heated and cooled in the future with energy produced locally on the site. Geoenergy solution supports the carbon neutrality goals of both SAMK and property owner Hemsö. Adven is responsible for the implementation of the project. The…

Industries Energy production

Level of hygiene in Suominen’s nonwovens is ensured by steam – prolonged agreement for Adven

Nonwovens manufactured by Suominen can be found in many products that require high hygiene, such as wet wipes, nappies, masks and hygiene products. Nonwoven fabric is dried by using steam and at the same time microbes are destroyed. Suominen and Adven have entered into an agreement extension for steam energy…

Industries Food & Beverage Material and side stream recovery

Raisio Group’s Nokia mill will be carbon neutral with a new bioenergy solution

Raisio is once again making additional investments in Nokia mill. Adven is implementing a new heating plant at the site, which will use the by-products generated in the mill’s production as fuel. With the new heating plant, Nokia’s mill will be carbon neutral and at the same time energy costs…