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31.08.2018  

Gasum acquires Enegia’s energy market services

The leading gas sector player in the Nordic countries, Gasum is acquiring the energy market services business of the energy industry expert company Enegia. Enegia Consulting Oy, Enegia Portfolio Services Oy and IntStream Oy will become part of Gasum. The transaction was closed by Gasum Ltd and Enegia Group Oy on August 31, 2018.

The acquisition will strengthen Gasum’s Nordic strategy by enabling service expansion in the energy wholesale market and creating a platform for expanded product offering to its customers. In the transaction, Gasum acquired the Enegia energy market services business, around 35 energy-sector professionals and an extensive customer base. Following the transaction, Gasum intends to expand service provision to the natural gas market and throughout the company’s operating area in the Nordic countries and will continue to offer its customers a diverse range of services.

”The acquisition of the energy market services of the energy industry expert company Enegia is strategically important to our company. It’s great to start the integration of our companies and lead the way in the energy sector. The acquisition strengthens our strategy by enabling us to offer more comprehensive services to our current customers. The acquisition also provides us with a platform for the development of our product selection in the future by expanding our services geographically as well as by launching new services in the gas market,” says Gasum CEO Johanna Lamminen
 

For further information please contact:                           

Johanna Lamminen, Chief Executive Officer, Gasum Ltd
Phone: +358 20 44 78 661 (Henna Walker, Executive Assistant), firstname.surname(a)gasum.fi

Jouni Haikarainen, Senior Vice President, Natural Gas, Gasum Ltd
Phone: +358 40 709 5690, firstname.surname(a)gasum.fi

The energy company Gasum is a Nordic gas sector expert. Together with its partners, Gasum is building a bridge towards a carbon-neutral society on land and at sea. Gasum imports natural gas to Finland and promotes the circular economy by processing waste and producing biogas and recycled nutrients in Finland and Sweden. The company offers energy for heat and power production, industry as well as road and maritime transport. Gasum is the leading supplier of biogas in the Nordic countries. The company has a gas filling station network that also serves heavy-duty vehicles. The Gasum subsidiary Skangas is the leading liquefied natural gas (LNG) player in the Nordic market. The company continues to strengthen the position and infrastructure of LNG and supplies LNG to maritime transport, industry and heavy-duty vehicles in Finland, Sweden and Norway. www.gasum.com

Enegia is one of the leading Nordic independent energy expert organizations for the energy industry. Over half of the 100 largest Finnish companies use Enegia’s services, and Enegia Group’s net sales in 2017 were €119.7 million. Enegia’s electricity trade volume is 15 TWh, corresponding to approximately one quarter of Finland’s electricity use. Enegia’s EnerKey is the leading energy data and energy process management system in the Nordic countries. The system is used by approximately 300 organizations to manage energy consumption information from 75,000 meters in 15,000 properties. www.enegia.com