Institutional investors completed the acquisition of Adven Group from Infracapital and AMP Capital.

Institutional investors completed the acquisition of Adven Group, a provider of energy solutions and district heating, from Infracapital and AMP Capital, two private equity firms. Financial terms were not disclosed. “The open-end structure and long-term investment horizon match very well with our long-dated customer contracts and relationships. Our investors said that they are delighted to invest in Adven, a platform that significantly enhances scale and capability in the region alongside their ownership of Värmevärden. I want to thank AMP Capital and Infracapital Teams as well as all board members for great cooperation and valuable support in recent years,” Jyrki Vainionpää, Adven Group CEO.