Adven to acquire interest in SIA Cēsu Siltumtīkli, AS Valmieras Enerģija
Adven is expanding in Latvia, with the deal Adven will acquire SIA Cēsu Siltumtīkli as a whole, and 52% of AS Valmieras Enerģija, whilst 48% of the company remains in the ownership of the municipality of Valmiera.
Adven provides district heating in over 90 heating networks in Finland, Sweden and Estonia for thousands of companies and private customers. Following these acquisitions the company sees an opportunity in utilizing its experience and expertise in the energy sector also in the Latvian market.
Country updates
-
-
July 12, 2017
BaltCap launches first infra fund
BaltCap, the largest private equity investor in the Baltic region, has launched BaltCap Infrastructure Fund (BIF) with the planned size of €100 million (US$114 million).
Read more -
November 10, 2016
EIB considers investing in BaltCap Infrastructure Fund
The European Investment Bank (EIB) has announced it is considering to invest in BaltCap Infrastructure Fund.
Read more -
February 12, 2016
The Marguerite Fund completes the acquisition of a stake in AS Latvijas Gaza, in Latvia
The Marguerite Fund has announced that it has acquired a 28.97% stake in AS Latvijas Gāze, a Latvian gas company, from a subsidiary of E.ON.
Read more -
January 07, 2016
Lords LB Asset Management launches Baltic energy and infrastructure fund
Lords LB Asset Management has established Lithuania‘s first fund that will specialise in investments in energy and infrastructure projects in Lithuania, Latvia and Estonia. The Baltic Energy and Infra...
Read more
