January 10, 2025

Debt financing of Adven Group Oy

Pareto Alternative Investments AS, on behalf of institutional investors, has participated in a multi-currency c. EUR 675 million (equivalent) infrastructure debt financing of Adven Group Oy, an energy infrastructure provider in the Nordics and Baltics.

Adven provides critical energy infrastructure through 300+ geographically diverse sites and delivered more than 5 TWh energy in 2024. The company target a 50% reduction (vs. 2019 level) in CO2 intensity by 2030 and to use 100% renewable and recycled fuels by 2040. The financing is provided by banks and institutional investors and will be used to refinance existing debt and to support growth.

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