Energy Transformation

Ambition to build a multi-billion euro energy platform in five years' time

Growing portfolio

Current portfolio of four wind power assets with 471MW capacity

Expert team

Local team backed by Ardian, a world-leading investment house

Latest news

Åndberg wind farm launches commercial operations

Ardian has built a state-of-the-art wind farm in Härjedalen, Sweden, using the latest available technology. The 53-turbine project is now...

21 Dec 2022

Ardian acquires energy company Nevel

French private investment company Ardian acquires Nevel, a company in district heating and industrial energy solutions. The Finnish Vapo-group sells...

02 Nov 2020

The big idea behind eNordic

Eero Auranne and Simo Santavirta set out their plans to build a major sustainable energy business serving the Nordic region....

28 Sep 2020

All news

Ambition: Renewable Energy

eNordic aims to be a leader in the Nordic energy transformation by building a multi-billion sustainable energy platform

The world requires an energy transition of exceptional scope, depth and speed. Consumers are asking for it and developments in technology are starting to provide the answers – rapidly.

The Nordic region is one of the first advanced markets to see the sustainable energy transition on a large scale. Here the world can see it is possible and here new solutions for the transition compete for greater adaption.

This is why we have created eNordic: the first sustainable energy platform in the Nordics. We invest and consolidate opportunities in wind, biomass, hydro and district heating, and also in those traditional energy assets with the potential to be transformed or managed in a sustainable way.

Our mission is to enable the transformation of the Nordic energy sector by becoming the partner for those who develop or operate sustainable energy projects in the Nordics. We are the go-to local team for developing, M&A and managing the assets.

Portfolio: Nordic Infrastructure

Currently four wind power assets with 471MW capacity

Ånberg

Wind farm · 280 MW capacity · 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.

Hamnefell

Wind farm · 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.

nevel.com

Lyrestad

Wind farm · 76 MW capacity · 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 · 57.3 MV capacity · 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.

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.

Team: Invest experts

Local team for developing, M&A and managing the assets

Ardian: Global Investments

A world-leading private investment house

The world requires an energy transition of exceptional scope, depth and speed. Consumers are asking for it and developments in technology are starting to provide the answers – rapidly.

The Nordic region is one of the first advanced markets to see the sustainable energy transition on a large scale. Here the world can see it is possible and here new solutions for the transition compete for greater adaption.

This is why we have created eNordic: the first sustainable energy platform in the Nordics. We invest and consolidate opportunities in wind, biomass, hydro and district heating, and also in those traditional energy assets with the potential to be transformed or managed in a sustainable way.

Our mission is to enable the transformation of the Nordic energy sector by becoming the partner for those who develop or operate sustainable energy projects in the Nordics. We are the go-to local team for developing, M&A and managing the assets.

Ardian.com