09.06.2010: Vattenfall to use domestic fuels for district heating production in Akaa
Vattenfall Lämpö Oy will enhance the use of domestic fuels to produce district heating in the Käenoja heating plant in Akaa. Renewa Oy will supply the heating plant with a modern 5 MW biofuel boiler and related equipment. The new boiler will be fully integrated with the existing systems of the heating plant.
The boiler in Akaa’s plant is based on mechanical grate technology that enables the use of a wide range of fuels and also ensures high availability. In addition to the boiler plant, Renewa’s delivery consists of unloading and conveyor equipment for the fuel station as well as the plant electrification, instrumentation and automation. The delivery further includes installation, test-runs and documentation. The previous biofuel boiler will be dismantled prior to the new delivery. The Käenoja heating plant also has a natural gas boiler that will remain as a reserve boiler.
“This modernisation supports both the goals set by the EU for renewable energy sources, and Vattenfall’s strategy of replacing fossil fuels with biofuels for heat production. The use of domestic fuels increases national self-sufficiency and the reliability of supplies, and also boosts employment in Finland’s countryside. In addition, the new biofuel boiler will reduce the amount of annual carbon dioxide emissions by 5,200 tonnes,” says Markus Alholm, Managing Director of Vattenfall Lämpö Oy.
“Keeping it local is a definite trend in energy production, both in Finland and in Europe. The aim is to achieve reasonable investment costs, fewer environmental impacts from fuel logistics, and reduced dependability on imported fuels. I believe that many energy production plants using new biofuels will be built in Finland over the next decade,” says Tuomas Timonen, Managing Director of Renewa Oy.
Further information:
Markus Alholm, Managing Director, Vattenfall Lämpö Oy, tel. +358 40 541 5977
Tuomas Timonen, Managing Director, Renewa Oy, tel. +358 50 386 0448
Vattenfall has some 390,000 customers and a 12% market share in Finland. The company generated net sales of MEUR 615 in 2009 and employed some 530 people. Vattenfall sells, generates and distributes energy to 6 million customers in Europe. The company aims to become Europe's leading energy company. More information is available at www.vattenfall.fi and www.vattenfall.com
Renewa Oy is a Finnish energy technology company that is growing rapidly and expanding internationally. We offer advanced combustion solutions utilising biofuels for local energy production. In 2009 Renewa generated net sales of MEUR 25 and employed over 70 staff in Lahti, Lapua, Oulu, Tampere and Vantaa. www.renewa.fi
Locally produced process steam and heat for Atria’s meat product plant
06.05.2010: Renewa’s steam boiler plant for Vapo inaugurated in Nurmo
The steam boiler plant constructed next to Atria's Nurmo meat production plant has been inaugurated. Renewa, a company specialising in local heat and power plants using renewable fuels, delivered a 13 MW solid-fuel boiler plant to Vapo. The plant will be used to generate process steam for Atria’s production process and for facility heating.
Renewa's delivery consists of a complete bubbling fluidised bed boiler plant including related buildings, a fuel feed bin, and flue gas scrubbers. The new plant will enable switching from oil to the efficient use of local energy to produce process steam and heat at Atria’s Nurmo plant. Locally milled peat will be used as the main fuel in the boiler, but the flexible technology in bubbling fluidised bed combustion will also allow wood-based fuels to be used.
“Keeping it local is a definite trend in energy production, both in Finland and in Europe. The aim is to hold investment costs at a reasonable level, to reduce the environmental impacts of fuel logistics, and to minimise dependence on imported fuels. The Finnish government is also willing to support sustainable domestic solutions that simultaneously promote employment and economic growth," says Tuomas Timonen, Managing Director of Renewa Oy.
The design, manufacture and commissioning of Nurmo’s steam boiler plant provided jobs in Renewa and its subcontractors for dozens of Finnish experts from different fields.
Nurmo’s steam boiler plant has been used for production since summer 2009. Closeness to Renewa’s Lapua office ensures rapid and efficient maintenance services when necessary.
For further information please contact:
Tuomas Timonen, Managing Director, Renewa Oy
Tel. +358 50 3860 448, email: tuomas.timonen(at)renewa.fi
Renewa Oy is a Finnish energy technology company that is growing rapidly and expanding internationally. We offer advanced combustion solutions utilising renewable fuels for local energy production. Our business sectors cover heat and power plants, boiler modernisation and retrofit services, and heat exchangers for improved energy efficiency. Renewa is a reliable long-term partner that ensures high availability and a high efficiency ratio throughout the plant’s lifecycle. Our environmental values guide our operations and projects, right from the planning stage through to implementation. In 2009 Renewa generated net sales of MEUR 25 and employed over 70 people in Lahti, Lapua, Oulu, Tampere and Vantaa. www.renewa.fi
18.03.2010: Kaskisten Energia will produce economical district heating using biofuels
Renewa Oy will supply Kaskisten Energia with a 5 MW boiler plant with process and conveyor equipment. The biofuel boiler plant will be built next to the existing oil heating plant and connected to it. Renewa’s delivery scope includes a biofuel boiler plant, fuel feed and conveyor equipment, a grate boiler with chimneys, process air ventilation and pipe connections to the existing heating plant. The new boiler will burn wood-based Finnish biofuel. In addition, sod peat may also be used.
”Kaskisten Energia used to buy heat from Metsä-Botnia's Kaskinen pulp mill. Now that the mill operations have stopped, we have to build a replacement alternative. Renewa's comprehensive financial proposal for the biofuel boiler plant won in the normal competitive tendering process. Moreover, Renewa has extensive experience with and good references regarding these kinds of plants”, says Jyrki Jussila, Managing Director of Kaskisten Energia – Kaskö Energi.
The boiler plant will be delivered under an expedited timetable so that Kaskisten Energia will be able to supply its customers heat, produced economically from renewable biofuels, already in the next heating season. Plant installation will begin in late summer, operations will start up in early November, and the plant will be handed over to the client in December 2010.
For further information please contact:
Kari Suominen, Sales Director, Renewa
Tel: +358 400 352 792, e-mail: kari.suominen@renewa.fi
Jyrki Jussila, Managing Director, Kaskisten Energia
Tel: +358 40 861 7250, e-mail: jyrki.jussila@kaskinen.fi
8.12.2009: Renewa to deliver a 20 MW steam boiler plant to Lithuania
Renewa and Lithuanian Axis Technologies have entered into an agreement for the delivery of a 20 MW steam boiler plant to Litesko, Lithuania’s leading provider of district heating. The boiler plant will be supplied as part of the power plant that Axis Technologies will construct in the city of Alytus, some 100 kilometers south-west of Vilnius. The contract supports Renewa’s growth and internationalisation strategy.
Renewa, which specialises in boiler plants using biofuel, will supply the project with a steam boiler and related equipment. The boiler will generate high-pressure steam for electricity production and district heating, mainly using wood chips as fuel but also peat and straw.
”This agreement is a remarkable step in implementing Renewa’s internationalisation strategy. In cooperation with Axis Technologies we are able to deliver a competitive and environmentally friendly energy-production plant to the leading district-heating provider in Lithuania”, states Renewa’s managing director, Tuomas Timonen.
Renewa’s delivery will include a boiler plant – based on the company’s own fluidised-bed boiler technology – and its start-up. Axis Technologies is responsible for the entire power plant project including automation, electrification, turbine plant and construction.
The main equipment will be delivered to the site at the end of summer 2010 and the power plant will be brought into operation towards the end of 2011.
For further information please contact:
Tuomas Timonen, managing director, Renewa Oy
Tel. +358 50 3860 448, e-mail: tuomas.timonen(at)renewa.fi
Renewa is a Finnish company that is growing rapidly and expanding internationally. We provide heat and power plants and industry with advanced combustion solutions that are scalable for local biomass sources. We act as a reliable long-term partner that ensures high availability and a high efficiency ratio throughout the plant's lifecycle. Our environmental values guide our operations and projects, right from the planning stage through to implementation. Renewa is expected to post total sales of around EUR 24 million in 2009. The company employs about 80 staff and has five offices and three production workshops in various locations in Finland. www.renewa.fi
Axis Technologies is a branch enterprise of Axis Industries specialising in biofuel, gas and liquid fuel boiler-house installation and modernization, and provides complex services such as technical expertise and consultations, design works, boiler-house equipment supply and installation, start-up and adjustments, equipment automation and maintenance services. Presently the company employs over 80 employees. www.axis.lt
25.11.2009: Renewa acquires Boilertec and Pamac Power
Renewa Oy has acquired the business operations of Boilertec Oy and the entire share capital of Pamac Power Oy from companies owned by Mr. Mauno Porola and other owners. The transaction enables Renewa to strengthen its service business as well as its technical design and project expertise in the construction and renovation of larger boiler plants.
Boilertec specialises in services, upgrades and retrofits as well as in the design, manufacturing and installation of power boilers. The company focuses on sales, design and project management. The pressure vessels are manufactured by the subsidiary Pamac Power Oy.
”This transaction represents an important step in implementing Renewa’s growth strategy. The company will become an even more prominent boiler plant supplier in Finland and other focus markets – and expand its offering to include comprehensive maintenance services”, remarks Mr. Tuomo Lähdesmäki, the Chairman of Renewa’s Board.
”We are now investing in project expertise and lifecycle management for power plants. The transaction considerably strengthens our service business, which means that in future we will also be able to act as our customers’ long-term partner in this area”, states Renewa’s Managing Director, Mr. Tuomas Timonen.
”Renewa was the most suitable choice when we were planning the future of our companies. We want to continue operating flexibly and serving our customers’ needs without unnecessary bureaucracy. Our expertise is needed in a company that is growing internationally and we will have access to resources to further develop our operations. Renewa is the right partner to invest in the development of the businesses of both Boilertec and Pamac Power”, explains Mr. Porola, who will become the Product Group Director of Renewa’s Service business unit.
The personnel of both companies will be transferred to Renewa. The transaction provides Renewa with an ISO 9001 certified, efficient pressure vessel workshop and modern production facilities for factory-made solutions.
Renewa is expected to post total sales of around MEUR 24 in 2009. The company employs around 80 staff and has five offices and three production workshops in various locations in Finland.
For further information please contact:
Managing Director Tuomas Timonen, Renewa Oy
Phone: +358 50 3860 448, E-mail: tuomas.timonen(at)renewa.fi
Managing Director Mauno Porola, Boilertec Oy
Phone: +358 400 630 244, E-mail: mauno.porola(at)boilertec.com
5.11.2008: Termopoint and Putkimaa Join Forces
Funds managed by Pohjola Capital Partners and some Termopoint Oy's shareholders have acquired the entire share capital of Termopoint Oy and Putkimaa Oy. Both companies are major suppliers of biomass combustion heating plants in Finland.
Pohjola Capital Partners and the shareholders of both Termopoint and Putkimaa have agreed on a transaction, whereby funds managed by Pohjola Capital Partners and Termopoint Oy's management will acquire the entire share capital of Termopoint Oy and Putkimaa Oy from the companies' long-standing private shareholders.
Termopoint Oy and Putkimaa Oy are major Finnish suppliers of biomass combustion heating plants which use both renewable wood-based fuels and peat in their heat generation.
Some Termopoint Oy's former shareholders and key personnel will also become minority shareholders of the new entity. Putkimaa Oy's shareholders have agreed to remain in operational management. Tuomas Timonen, currently a director in Alstom Group's global operations, will join the management team as Managing Director of the new entity. The new organisation will be further reinforced next year. The transaction will have no effect on the employment contracts of the companies' existing employees.
"The EU objectives for the use of renewable energy make this industry highly attractive. Moreover, Termopoint and Putkimaa represent strong and experienced companies in their industry with excellent references," explains Tuomo Lähdesmäki, Chairman of the Board.
"The boiler technologies of Termopoint and Putkimaa ideally supplement each other, and the new entity will be Finland's leading supplier of 2-40 MW biomass combustion heating plants," states Mikko Kumpulainen, Partner in Pohjola Capital Partners.
"Termopoint and Putkimaa have the potential to expand their business and export their strong expertise. Joining forces and involving a private equity investor will provide the companies with a solid foundation for long-term business development," says Kari Suominen, Managing Director of Termopoint.
For more information, please contact
Tuomo Lähdesmäki, Chairman of the Board of Directors, tel. +358 50 587 9648
Mikko Kumpulainen, Partner, Pohjola Capital Partners Ltd, tel. +358 40 582 6645
Termopoint
Established in 1982 and based in Lahti, Termopoint Oy is a manufacturer of heat technology equipment and plants. The company's products consist of biomass combustion heating equipment and plants as well as finned tube heat exchangers. Termopoint's engineering and production are aligned with environmental friendliness and energy-saving aspects. In 2007, the company reported a turnover of around EUR 7 million and an operating profit of roughly EUR 0.9 million with a staff of 20.
Putkimaa
Established in 1982 and based in Oulu, Putkimaa is a manufacturer of heat and steam generating boiler plants. Putkimaa's products consist of heat and steam plants for manufacturing and district heating use, based on both solid fuel and oil. In addition to its project management and design organisation, Putkimaa has a workshop in Oulu that manufactures boiler equipment. In 2007, the company generated turnover of over EUR 11 million and an operating profit exceeding EUR 2.6 million with a staff of 26.
Pohjola Capital Partners
Pohjola Capital Partners Ltd, a Pohjola Bank plc subsidiary, is a private equity investor managing over EUR 230 million in funds. The company focuses on buyouts and growth financing of profitable small and medium-sized companies. The company's investment vehicles consist of majority and minority investments as well as mezzanine financing.