Trusted co-owner of one of the largest integrated energy utilities together with local municipalities in Finland
Loiste is an integrated energy utility in Finland. The company’s primary activities are concentrated in the Kainuu and Northern Ostrobothnia regions, where Loiste owns and operates the 6th largest electricity distribution network in Finland by network length and provides district heating in the City of Kajaani. In addition, Loiste owns the 5th largest electricity retail business with c. 190,000 customers and has a portfolio of c. 100MW of fossil-free power generation capacity.
Infranode owns Loiste together with the city of Kajaani, the municipality of Sotkamo and a Mirova managed-fund.
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Assessed Societal Contribution
Loiste’s societal contribution, i.e. how their products and/or services help solve challenges expressed as the Sustainable Development Goals (SDG), is illustrated with the relevant icons below.
Investment date: April 2019
Sector: Energy utility