Aleksi Lumijärvi Unveils Key Insights on Finland's Energy Market at Green Transition Webinar
World Energy Council Finland arranged a webinar on green transition investment situation and outlook in Finland. During the event, Aleksi...
28 May 2024
Energy Transition
Ambition to build a multi-billion euro platform in the Northern European energy markets.
Growing portfolio
Current portfolio of six wind power assets with 500MW capacity and an energy company Nevel, consisting of more than 40 district heating networks, industrial sites, as well as biogas plants.
Who we are
Ardian's operating partner in the energy transition investment in the northern Europe.
Latest news
Ardian Clean Energy Evergreen Fund (ACEEF) Invests in Finnish Battery Energy Storage System
Ardian, a world leading private investment house, in partnership with its operating platform eNordic, today announces it has taken Final...
14 Feb 2024
Ardian acquires leading data center platform Verne Global from Digital 9
Ardian, a world leading private investment house, has signed a binding agreement to acquire 100% of Verne Global, a leading...
08 Jan 2024
Ambition: Accelerating the energy transition
eNordic aims to be a leader in the Nordic energy transition by building a multibillion sustainable energy platform
The world requires an energy transition of unprecedented scope, depth and speed. Consumer demand is increasing, corporations are cleaning their supply chains, and the fast technological developments starting to provide the solutions – rapidly.
The Nordic energy market is ahead of the curve in terms of the energy transition. The region’s well-functioning electricity market, strong grids and vast potential in cheap and clean energy is not only sufficient to cover the region’s current energy demand but also provides a competitive location for new industries.
This is why we have created eNordic: first sustainable energy platform in the Nordics. We invest and consolidate opportunities in the energy transition. In addition to “green assets”, we also invest in “transition assets”; those traditional energy assets with the potential to be transformed or managed in a sustainable way. We are an active owner, continuously developing the value creation potential and sustainability of our assets.
Our mission is to enable the transition of the Nordic energy sector by becoming the preferred partner for those who develop or operate sustainable energy projects in the Nordics. We are the go-to Nordic team for developing, M&A and managing the assets.
Portfolio: Nordic Infrastructure
Currently six wind power assets with 500 MW capacity and a BESS project with 38.5 MW capacity
Åndberg
Wind farm · capacity 280 MW · Sweden
The wind farm started its operations in 2022, with 280 MW capacity, producing over 800 GWh Green energy in a year. Åndberg is 100% Ardian-owned.
Hamnefjell
Wind farm · capacity 51.8 MW · Norway
The wind power plant is equipped with fifteen 3.45 MW Vestas wind turbines and has a 51.8 MW capacity. It is a joint venture between Ardian and Finnmark Kraft.
Nevel
District heating · Finland, Sweden, Estonia
Nevel is a utility infrastructure company offering advanced industrial and real estate infrastructure solutions that are fit-for-purpose and future-proof. Nevel operates more than 130 energy production sites and manages over 40 district heating networks. The company’s annual turnover is EUR 100 million. Nevel employs 160 experts in Finland, Sweden and Estonia. Nevel is 100% owned by ARDIAN.
Lyrestad
Wind farm · capacity 76 MW · Sweden
The wind farm supplies Google with clean energy, and has a 76 MW capacity. The site is a joint venture between Ardian and Rabbalshede Kraft.
Lakiakangas 1
Wind farm · capacity 57.3 MW · Finland
The 57.3 MW wind farm was established in 2019. It produces clean energy for Google servers, among others. The site is 100% owned by Ardian.
Hamina
Wind farm · capacity 6.1 MW · Finland
The wind farm was commissioned in 2015 and consists of two Enercon turbines. It generates approximately 18 GWh electricity per annum, benefits from the Finnish feed-in tariff scheme, and is located in the Hamina harbor. The venture is 100% owned by Ardian.
Honkajoki
Wind farm · capacity 21.6 MW · Finland
The wind farm was commissioned in 2013 and consists of nine Nordex turbines. It generates approximately 60 GWh electricity per annum, benefits from the Finnish feed-in tariff scheme, and is located in Honkajoki in the municipality of Kankaanpää. The venture is 100% owned by Ardian.
Lappeenranta
Battery energy storage system · capacity 38.5 MW / 38 MWH · Finland
The battery energy storage system is in the construction stage, will be commissioned in the spring 2025 and will participate in the frequency control market as well as day-ahead and intra-day markets. The system is located at Mertaniemi power plant site in the city of Lappeenranta, and is implemented as a joint venture with the municipal energy company Lappeenrannan Energia Oy.
Values: Cooperation for Clean Energy
We aim at establishing long-term business relationships
We will seek to establish long-term business relationships – we’re not looking for one-off deals – and will always act in a transparent and loyal manner. We will act responsibly and build long-lasting foundations with local communities that help respond to their needs. We believe that good business means shared outcomes for all.
We combine investment expertise, transaction ability, sector knowledge and local experience.
1
Loyalty
We seek to establish long-term business relationships and will always act in a transparent and loyal manner.
2
Responsibility
We act responsibly and build long-lasting foundations with local communities that help respond to their needs.
3
Win-win
We believe that good business means shared outcomes for all.
Management Team
Nordic team development, investment, M&A and management of the assets
Eero Auranne
CEO
Eero Auranne has 30 years of experience in the energy sector as CEO of Empower, President of ÅF Energy and Executive VP leading Fortum’s international power business.
Thomas Linnard
Managing Director
Thomas Linnard has over 10 years of experience in the renewable energy sector, most recently as CEO of Rabbalshede Kraft, a large Swedish wind power developer and operator.
Ardian: A world-leading private investment house
Ardian is a world-leading private investment house part-owned by its employees. With its more than 1000 in employees in 15 location across the World, it manages or advises $156bn of assets across Europe, the Americas, Asia and Middle East, on behalf of governments, institutions, pension funds and high-networth investors. Ardian is an entrepreneurial business, focused on supporting talented management teams to build sustainable, growing companies. The company is committed to sharing its success as widely as possible – with investors, with employees in the companies it supports and with society at large.
More about Ardian:
Ardian.com