Åndberg
Onshore Wind Farm · Capacity 280 MW · Sweden (SE2)
Status: Operational
Acquired: 2019
Ownership: 100% owned with Ardian funds
Nordic Clean Energy-Focused IPP
Enordic Evergreen is a Nordic Independent Power Producer (IPP) committed to accelerating clean energy transition through long-term ownership, deep regional expertise, and strong local partnerships.
Long-Term Investments and Active Development
We invest in renewable energy infrastructure across asset classes and we pursue value creation through active ownership building on industrial capabilities and regional presence.
Backed by a Globally Leading Clean Energy Investor
Enordic Evergreen is 100% owned by the Ardian Clean Energy Evergreen Fund (ACEEF), providing a proven value creation approach and solid backing for continued growth investments.
Ambition: Accelerating the energy transition
The Nordic countries have a strong energy infrastructure, integrated power markets and abundant access to renewable energy resources. This foundation allows the region to play a central role in global decarbonization and the development of future industries.
Enordic Evergreen’s ambition is to be a driving force in this transition. We aim to leverage our global industrial expertise and Nordic market know-how to build a regionally leading clean energy portfolio.
We are active, long-term owners – we develop and continuously seek to improve the performance of our assets. Embracing change, we explore new ways and innovative models to make our portfolio stronger than the sum of its parts. We aim to be a positive and responsible actor in the communities where we operate. Our ambition is to build long-term mutually beneficial partnerships with local stakeholders, developers, municipalities and commercial and operational counterparts.
Backed by Ardian’s Clean Energy Evergreen Fund, we have a long investment horizon and flexibility to operate. The evergreen model, combined with our active development approach and innovative mindset, makes us a great partner for parties seeking long-term collaboration. We’ve already taken multiple steps in the Nordics and we remain fully committed to further strengthening our platform in the region.
Portfolio: Nordic Infrastructure
Our current portfolio includes six operational wind farms with a combined capacity of approximately 500 MW, as well as 70 MW of battery energy storage projects.
Hamnefjell
Onshore Wind Farm · Capacity 51.8 MW · Norway (NO4)
Status: Operational
Acquired: 2016
Ownership: JV with Finnmark Kraft
Lyrestad
Onshore Wind Farm · Capacity 76 MW · Sweden (SE3)
Status: Operational
Acquired: 2016
Ownership: JV with Rabbalshede Kraft
Lakiakangas
Onshore Wind Farm · Capacity 57.3 MW · Finland
Status: Operational
Acquired: 2020
Ownership: 100% owned with Ardian funds
Hamina
Onshore Wind Farm · Capacity 6.1 MW · Finland
Status: Operational
Acquired: 2023
Ownership: 100% owned
Honkajoki
Onshore Wind Farm · Capacity 21.6 MW · Finland
Status: Operational
Acquired: 2023
Ownership: 100% owned
Mertaniemi
Battery Energy Storage System · Capacity 38.5 MW / 38 MWH · Finland
Status: Operational
COD: 2025
Ownership: JV with Lappeenrannan Energia
Kaunola
Battery Energy Storage System · Capacity 30 MW / 30 MWH · Finland
Status: Under construction
Target COD: 2026
Ownership: 100% owned
Management Team
Nordic team development, investment, M&A and management of the assets
Timo Pohjakallio
CEO
With over 25 years of experience across energy, investments and M&A, Timo has held senior roles including Partner at Bain & Company and leadership positions at ESL Shipping and Stora Enso.
Thomas Linnard
CFO
Experienced CEO with 20+ years scaling companies, structuring diverse financings, leading renewable energy growth to sector leadership, IPO readiness, and advising Ardian on project finance.
Mila Kuortti
Director, Operations Management & Administration
Mila has 15 years of experience in financial management and strategic governance within renewable energy and infrastructure, previously in finance roles at Empower Group and Helen Group.
Ilari Kaarela
Director, Corporate Finance & Analysis
Ilari has spent the past ten years working with M&A, corporate finance and investment analysis, with previous experience from HLP Corporate Finance and Adven.
Aleksi Lumijärvi
Director, Investments and M&A
With 20 years of international experience in the energy transition, Aleksi has held leadership roles in consulting, investment management and financial advisory.
Ilkka Latvala
Director, Fleet Management
With 35 years in energy and forest industries, Ilkka has held senior projects and development roles and served as SVP, Energy Director at Metsä Group, a major forest and bioenergy company.
Eero Auranne
Chairman of the board
Brings 30 years of leadership experience in the energy industry, including as CEO of Empower, President of ÅF Energy, and EVP at Fortum’s international power division.
News & Insights
Enordic becomes Enordic Evergreen - Entering a new chapter
We are proud to announce that Enordic is now Enordic Evergreen. The new name reflects our new entity as a...
18 Sep 2025
Mertaniemi Battery Energy Storage Facility Commissioned in Lappeenranta
Enordic is proud to have contributed to the delivery of one of Finland’s largest battery energy storage facilities, now in...
26 May 2025
Ardian Advances Battery Storage Expansion in Finland with Second Investment
Our second battery energy storage investment in Finland is now underway! The strong collaboration between eNordic, Ardian Infrastructure, and Merus...
14 Feb 2025
Ardian: A world-leading private investment house
Ardian is a world-leading private investment house, with over 1,000 employees across 19 locations worldwide. It manages or advises $180 billion in assets across Europe, the Americas, Asia, and the Middle East on behalf of governments, institutions, pension funds, and high-net-worth investors. Ardian is an entrepreneurial business focused on supporting talented management teams to build sustainable, growing companies.
Ardian Clean Energy Evergreen Fund (ACEEF) is an open-ended clean energy fund. Its investment focus is on renewable assets and the energy transition. The fund is committed to making investments with a clear environmental objective, in line with the EU Sustainable Finance Disclosure Regulation (SFDR), Article 9. ACEEF invests globally, with a focus on Europe.
More about Ardian:
Ardian.com