Type of deal: Joint Venture
Deal size (EV): Undisclosed
Sector: Energy
Object of sale: PwC Corporate Finance acted as financial advisor in the Joint Venture of Vapo and OP Vakuutus- ja Eläkeyhteisöt creating a heat and power platform to invest in the Finnish and Swedish energy markets.
Seller: Vapo Oy
Buyer: OP-Eläkekassa, OP Vakuutus Oy and OP-Henkivakuutus Oy, which belong to OP Vakuutus- ja Eläkeyhteisöt, and their jointly owned Otso Infrastruktuuri I Ky
Date: Deal announcement March 2018
PwC's role: Vendor advised by PwC