Locus Energy enters the Finnish market – acquires Mäkelänkangas hybrid wind & solar park outside Hamina

Locus Energy AB has acquired 100% of Mäkelänkangas hybrid wind & solar park outside Hamina Municipality in southern Finland. The portfolio consists of four operational wind turbines and 11 000 m2 of solar with a combined annual capacity of 17 GWh. The seller is Suomen Voima Oy, which is owned by a consortium of 16 Finnish municipal energy companies. 

The acquisition marks Locus Energy’s entry to the Finnish market after having previously built a portfolio of hydro and wind assets in Sweden and Norway.

In accordance with Locus Energy’s business concept, an optimization plan will be implemented including refurbishment of the assets as well as preparations for add-on investments in energy storage.

“We are happy to have accomplished our first acquisition in Finland, and the trust shown by Suomen Voima’s owners to let Locus Energy take on the responsibility for the continued development of the hybrid park in Hamina. Finland is a core market for Locus Energy where we are currently building a pipeline of both wind, hydro and CHP assets.” 

Niklas Sörensen, CEO Locus Energy

“Mäkelänkangas was one of Suomen Voima’s initial investments. We are pleased to see Locus Energy as the site’s successor, demonstrating both the willingness and capability for further development.”

Pekka Saijonmaa, CEO Suomen Voima

Jacob Jannering

Investment Associate

Jacob Jannering

Investment Associate
Joined Locus in January 2023. Previous experience from management consulting within infrastructure, real estate and technology at Priority Group. Holds a B.Sc in Business and Economics from the Stockholm School of Economics, with an exchange semester at the London School of Economics

Niklas Sörensen

CEO, Co-founder & General Partner

Niklas Sörensen

CEO, Co-founder & General Partner
Former CEO of Ramboll Sweden, the largest technology services company in Scandinavia with over 2000 experts within the areas of Buildings, Transport, Environment, Energy, Water and Management Consulting. Previously, Niklas was the Head of Infrastructure at WSP and prior to that the SVP and Head of Division at Grontmij with responsibility for business and technology development. Vast experience from Nordic energy and infrastructure projects.

MSc Royal Institute of Technology

Erik Tillberg

Co-founder & General Partner

Erik Tillberg

Co-founder & General Partner
25+ years international consulting experience advising boards and executive management teams across a wide array of private and public sectors including technology, energy, infrastructure, utilities, professional services and consumer goods. Specialization in change management, brand marketing and investor relations, public affairs, public relations & regulatory affairs. Erik started his career in the European space business including roles as Head of Space Utilization at SSC. Former founder & CEO of Lowe Plus (in partnership with IPG, LSE), Everystone (in partnership with WPP, NASDAQ) and Priority Group.

- MSc & Licentiate of Engineering, Royal Institute of Technology
- Chairman, Locus Infra AB.

Björn Rosengren

Co-founder & Industrial Advisor

Björn Rosengren

Co-founder & Industrial Advisor
Björn is one of very few Swedes with accumulated experience from top positions in politics, industry and the trade union movement. Former Minister of Industry and head of the so-called super ministry responsible for telecommunications, IT, energy, foreign trade, regional policy and labour market, including all state-owned enterprises. County Governor of the Norrbotten Region. 13 years as senior advisor to Kinnevik's CEO.

Chairman of Fastator, Studentbostäder i Norden, Point Properties Norwegian-Swedish Chamber of Commerce and co-founder of Priority, among others.

Mattias Söderqvist

Deputy CEO & Partner

Mattias Söderqvist

Deputy CEO & Partner
Previously CBDO/Head of Business Development at investment company Polar Structure and Head of Business Strategy at Priority Group. Experienced investor who has led several transactions within energy, infrastructure and technology in recent years.

- BSc in Economics from Lawrence University, Chicago, USA.

Joen Averstad

CFO & Partner

Joen Averstad

CFO & Partner
Former CEO of Hemcheck (Nasdaq First North). Previously management consultant at McKinsey & Company and Quartz (now Bain).

- Master of Business Administration from Stockholm School of Economics

Lars Martinsson

Chairman Locus Energy

Lars Martinsson

Chairman Locus Energy
Lars Martinsson has a long career in the power industry and has previously worked for ABB as head of the Power Transformers business area and in international roles for Alstom and Consolis. In recent years, he has advised mainly cleantech companies, but also other startups through KTH's incubator. Lars Martinsson holds a MSc in Electrical Engineering with a focus on power and physics from the Royal Institute of Technology.

Telefon: +4

Email: --

Lars Larsson

Partner, Operations & Technology

Lars Larsson

-
Former CEO of Borlänge Energi AB. Senior advisor at Ramböll Sweden. Vice Chairman SweBio. Former CEO of Partille Energi, Ale Fjärrvärme and Head of Operations at Rabbalshede Kraft, Gothenburg.

Email: lars@locus.energy