Helsinki, 14 August 2025 – Nevel has secured €665 million in new financing to refinance existing debt and fund strategic investments. The transaction supports Nevel’s growth strategy and its goal to help customers achieve climate goals. The financing will enable targeted investments in fast-evolving markets, particularly in industrial and real estate utility infrastructure.
“This financing strengthens our position as a leading Nordic utility infrastructure provider. Our customers and stakeholders can rely on us to provide future-ready infrastructure services over the long term while responding to their evolving needs,” said Thomas Luther, CEO of Nevel.
“This transaction attracted strong interest from Nordic and international banks as well as institutional investors, reflecting confidence in our strategy, growth, commitment to sustainability and operational efficiency,” said Jari Onniselkä, CFO of Nevel.
More information:
Jari Onniselkä, CFO, Nevel, +358 50 581 4261
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, Nevel drives societal impact by co-creating local circular economies and driving transformation to CO2 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 150 million, and employs 190 experts in Finland, Sweden and Estonia.
CEO Thomas Luther and CFO Jari Onniselkä. Photo: Nevel.
