Elenia Oy’s Sale Of Elenia Heat

Clifford Chance has advised Elenia Oy, the second largest electricity distribution system operator in Finland, on the successful divestment of its district heating business, Elenia Heat.

Elenia Heat is going to be acquired by a consortium consisting of SL Capital Infrastructure II SCSP, DIF Infrastructure V Coöperatief U.A. and LPPI Infrastructure Investments LP.

Elenia operates in more than one hundred local districts in Kanta-Häme and Päijät-Häme, Pirkanmaa, Central Finland and Ostrobothnia, supplying heating and electric power to homes and businesses. The Company’s approach involves providing services in close collaboration with our local business partners.

The Clifford Chance team was led by Nigel Wellings (Picture), Partner and Co-Head of Corporate, London, with the support of senior associate, Jonathan Dillon (London), senior associate, Claire Williams (London) and associate Ciarán Cronin (London).

Involved fees earner: Jonathan Dillon – Clifford Chance; Nigel Wellings – Clifford Chance; Claire Williams – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Elenia Group;