Announced

Eesti Energia to acquire Imatra Elekter.

Synopsis

Eesti Energia, a public limited energy company in Estonia, agreed to acquire Imatra Elekter, a company providing power distribution services. Financial terms were not disclosed. Imatra Elekter offers energy services to 25k customers in Estonia, and is the third largest distribution network company in Estonia with nearly 3,100 kilometres of power lines and 1,300 substations. Elektrilevi is the largest network company in Estonia, managing approximately 60k kilometres of power lines and 2424k000 substations, and serving more than 508k customers.

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