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  5. Loimua Acquires Pilke Energia

M&A Deal Summary

Loimua Acquires Pilke Energia

On May 25, 2022, Loimua acquired utilities company Pilke Energia from OomiEnergia

Acquisition Highlights
  • This is Loimua’s 1st transaction in the Utilities sector.
  • This is Loimua’s 1st transaction in Finland.

M&A Deal Summary
Date 2022-05-25
Target Pilke Energia
Sector Utilities
Buyer(s) Loimua
Sellers(s) OomiEnergia
Deal Type Divestiture

Target

Pilke Energia

Karkola, Finland
Pilke Energia owns and operates biomass boilers with a capacity of 48MW across two sites in the municipality. Pilke Energia was founded in 2017 and is based in Karkola, Finland.

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Buyer(S) 1

Buyer

Loimua

Hameenlinna, Finland
Category Company
Founded 1995
Sector Utilities
DESCRIPTION

Loimua is an owns and operates 16 district heating networks across Finland with a total network length of 499km, via which it operates in 10 municipalities and serves approximately 85,000 end-customers. Loimua was founded in 1995 and is based in Hameenlinna, Finland.

DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

OomiEnergia

Vantaa, Finland
Category Company
Founded 2020
Sector Utilities
DESCRIPTION

OomiEnergia is an electric utility company. OomiEnergia was founded in 2020 and is based in Vantaa, Finland.

DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2022 M&A 1 of 1
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