Evli and Arvo Sijoitusosuuskunta completed a €7m investment in Enico.

Evli, a provider of investment and asset management services, and Arvo Sijoitusosuuskunta, a Finnish company specializing in digital transformation, completed a €7m investment in Enico, a Finnish company specializing in modular energy storage solutions. “From the outset of our collaboration with Enico, we have been thoroughly impressed by the team’s capabilities. With this investment from Evli Private Capital and Arvo Sijoitusosuuskunta, we are confident that we now have the foundation to build a market leader in a rapidly growing sector. We are committed to actively supporting Enico on this journey – not only by providing capital, but also by leveraging our network and expertise in energy transition. While Finland remains an attractive growth market, we are excited to introduce Enico’s competitive products and services to other European markets as well,” Kalle Kekkonen, Evli Private Capital Managing Partner.