Envor Group’s biogas business has transferred to Nevel ownership
Nevel, a utility infrastructure company offering advanced industrial and real estate infrastructure solutions, and Envor Group have closed the deal on biodegradable material-based side stream processing operations. Envor’s biodegradable side stream processing plants in Forssa and Pori, Finland, with a combined energy output of 51 GWh, have transferred to Nevel ownership.
The acquisition supports Nevel’s strategy and sustainability goals as a promoter of local circular economies. It also expands the company’s offering in the processing of side streams in the industrial and municipal sectors.
Nevel operates the biogas production plants included in the acquisition and serves approximately 50 industrial and municipal customers. Nevel is also prepared to invest further in the plants. The deal creates an opportunity for a significant investment in Kotka, Finland.
Nevel’s extensive energy infrastructure and circular economy know-how, the partnership model it offers and its investment capabilities serve to achieve the carbon neutrality goals of industrial and municipal customers. In a responsible transition to carbon neutrality, social, economic and environmental effects are taken into account. Nevel holds high safety and environmental standards in all its operations.
More information
Thomas Luther, CEO, Nevel, +358 40 534 4256
Hanna Viita, Director, Sustainability and communications, Nevel, +358 40 167 1755
Nevel in brief
Nevel is a utility infrastructure company offering advanced industrial and real estate infrastructure solutions that are fit-for-purpose and future-proof. Committed to climate positive growth, we drive societal impact by co-creating local circular economies and driving transformation to carbon-neutral energy production. Nevel serves almost 100 industrial and over 5,000 real estate customers with decentralised energy and circular economy solutions. The company operates more than 130 energy production sites and manages over 40 district heating networks. Nevel has an annual turnover of EUR 115 million, and employs 190 experts in Finland, Sweden and Estonia.
