Kimmo Korpela

Vice President of M&A

Kai Öistämö

President and CEO

4 past transactions

Leosphere

Acquisition in 2018
Leosphere is founded in 2004, is the world leader in ground-based and wind turbine-nacelle mounted Lidar (Light Detection and Ranging) equipment for atmospheric observation. The company designs, develops, manufactures, sells and services turnkey remote-sensing instruments for wind measurement and aerosol characterization. Leosphere has deployed over a thousand Lidars throughout the world with the same concern for reliability, accuracy, safety, return on investment, and dedication to getting the best from the wind. The company also provides testing, delivery, training, warranty and maintenance services for all equipment, as well as global customer assistance. Their customers include national weather services, research agencies, wind developers, turbine manufacturers, utilities, consultants and aviation authorities, as well as universities from all over the world. Leosphere offers the most complete range of Lidar solutions in the industry.

3TIER

Acquisition in 2013
3TIER operates as a renewable energy assessment and forecasting company. The company focuses on providing wind, solar, and hydro energy assessment; and power forecasting worldwide. Its products include Firstlook assessment for wind, an online tool that allows users to evaluate a potential site; Fullview that provides comprehensive information to assess the wind resource at various stages during development and planning. The company also provides Powersight Forecast, a wind forecasting tool; and Fullview Assessment, which provides solar assessment mapping and due diligence information for various solar energy projects. It serves renewable energy project operators, developers, financiers, and marketers. The company was founded in 1999 and is headquartered in Seattle, Washington with additional offices in North America and Latin America.

Second Wind

Acquisition in 2013
Second Wind's mission is to advance the use of wind data to make wind energy profitable for the businesses and investors who create wind energy plants, painless for the customers who use their products, and practical for the businesses, consumers and utilities that benefit from wind energy as a low-cost and environmentally desirable source of power.

Veriteq Instruments

Acquisition in 2010
Veriteq is a part of Vaisala, global leader in environmental and industrial measurement. With solutions that deliver fail-safe records for temperature, humidity and other parameters, they provide high performance solutions for validating and monitoring FDA-regulated and other controlled environments. Vaisala acquired Veriteq in April, 2010, building on more than 70 years of reliability in measuring critical environments. Headquartered in Finland, Vaisala is listed on the NASDAQ OMX Helsinki.
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