Sector: Energy & Utilities
PwC acted as an exclusive financial and legal advisor to Tampereen Energia Oy in the sale of the company's electricity retail business to Väre Oy.
Tampereen Energia is a municipal energy company fully owned by the City of Tampere. The company is a leading energy producer in Tampere region, and the local electricity distribution system operator. Tampereen Energia's electricity retail business serves approximately 100 000 customers in Finland.
Seller: Tampereen Energia Oy
Buyer: Väre Oy
Deal announcement date: 26 February 2024
PwC's role: Seller's financial and legal advisor
Tampereen Energia's press release
Kimmo Vilske