Oulun Energia

Oulun Energia is one of Finland’s largest energy companies, providing electricity and heat production, electricity network services, district heating, and energy solutions to consumers and businesses. Owned entirely by the City of Oulu, the company also provides circular economy services through its subsidiary Syklo Oy. Oulun Energia is expanding its renewable energy portfolio, including investments in solar and wind power, while developing more sustainable district heating solutions. In 2025, the group reported €269.7 million in net sales, €43.6 million in operating profit and 302 employees, with renewable energy accounting for 83% of its energy production. The company has set a target to achieve net zero emissions by 2040.