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Transactions - MAY 25, 2022

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DIF Capital Partners’ Finnish district heating platform acquires Pilke Energia

by Kali Persall

Loimua Oy, the Finnish district heating and energy services business platform of DIF Capital Partners, has agreed to acquire Pilke Energia and its subsidiaries from Lahti Energia. Terms of the transaction were not disclosed.

Pilke Energia owns and operates biomass boilers with a capacity of 48 megawatts across two sites in the municipality of Kärkölä, south of Finland. The company’s main responsibility is to produce energy for a local wood product company, Koskisen Oy.

“Koskisen will be a significant new customer for our industrial-scale energy services business,” said Matti Tynjälä, CEO of Loimua. “Renewable energy and its production serve the customer’s needs and the companies’ carbon neutrality goals in a great way. Loimua’s experience in producing renewable energy supports new cooperation in meeting Koskinen’s energy needs.”

The buyer, Loimua, is the second-largest private supplier of district heating in Finland. The company owns and o

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