Adven

Adven is an industrial and commercial provider of outsourced energy and water infrastructure and services, operating primarily in Finland, Sweden, and Estonia. Founded in 2012 and headquartered in Vantaa, Finland, the company specializes in delivering tailored energy solutions, including district heating, space heating, cooling, and process steam production. Adven develops and manages plants that operate under long-term contracts at client production facilities, ensuring reliable and cost-efficient energy delivery while minimizing environmental impact. Its offerings encompass geothermal solutions and gas distribution, catering to the specific energy needs of various industries and real estate sectors across the Nordic and Baltic regions.

Eero Pekkanen

Vice President, M&A and Partnerships

2 past transactions

Osterlens Kraft

Acquisition in 2024
Osterlens Kraft is a supplier and distributor of electricity.

Enycon

Acquisition in 2015
Enycon AB, located in Umeå, Sweden, specializes in the manufacture of biofuel boilers and the development of eco-friendly heating systems. The company provides complete heating solutions and is involved in the design, construction, and operation of district heating systems. Enycon primarily serves property owners and municipalities looking to invest in new heating plants or convert existing oil and electricity-based systems to biofuel alternatives. By focusing on overall economy, security, and optimized technology, Enycon aims to offer sustainable heating solutions that cater to both individual homes and commercial structures. Since June 30, 2015, Enycon has operated as a subsidiary of Adven Oy.
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