HSH Nordbank finances acquisition of energy company Adven Group Oy
Hamburg/Kiel, March 16, 2016 - HSH Nordbank, as one of the lead banks, participated in the debt financing of the acquisition of Adven Group Oy, by the investment funds AMP Capital and Infracapital from private equity group EQT Infrastructure. HSH Nordbank provided 72 million Euros as part of the total acquisition facility of 360 million Euros.
Adven is a leading provider of energy solutions in Finland, Sweden and Estonia and has around 30 years' experience in this field. The energy company supplies both industrial clients and end consumers.
"This transaction also allows us to take advantage of an opportunity to further deepen our good business relationship with AMP Capital and Infracapital," said Dr. Marcus Kleiner, Head of Origination Infrastructure & Rail at HSH Nordbank.
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