Exilion

What Exilion does

Exilion is a Finnish investment and asset management company founded in 2005 and headquartered in Helsinki, managing approximately EUR 1.2 billion in assets through four limited partnership vehicles: Exilion Tuuli Ky (renewable energy), Exilion Real Estate I Ky (commercial real estate), Exilion Asemahotellit Ky (hotel properties), and Kauppakeskus Hansa Ky (shopping center). The company operates two business lines: a real estate portfolio of 10 properties (Helsinki offices including Valla/Itämerentori, Elielinaukio 5, Kluuvikatu 8; hotels including Scandic Grand Central Helsinki, Original Sokos Hotel Tripla, Original Sokos Hotel Helsinki; plus the Hansakortteli shopping center in Turku) and a renewable energy portfolio comprising 15 wind farms with 380 MW capacity, the 70 MW Simon solar power plant, and a 30 MW/66 MWh battery storage system under construction.

Exilion is owned entirely by four Finnish institutional investors—Elo Mutual Pension Insurance, Veritas Pension Insurance, the State Pension Fund of Finland (Valtion Eläkerahasto), and Åbo Akademi University Foundation—with returns flowing back to Finnish pension holders and educational institutions. Revenue mechanics combine asset management fees on the four LP vehicles, rental income from leased office, hotel, and retail properties, electricity sales and 10-year PPAs (e.g., 85 GWh annually to DNA via Statkraft) from renewable assets, and eventual asset disposition gains.

The go-to-market is relationship-driven and exclusively domestic, targeting Finnish institutional investors through direct negotiations on deals typically exceeding EUR 40 million per investment. Recent strategic positioning shows clear expansion into utility-scale solar and battery storage, supported by EU Next Generation funding, multiple developer partnerships (Solarigo Systems, Merus Power, Oomi Solar), and senior leadership additions in renewable energy and real estate during 2025.

Name

Exilion

Legal name

Exilion

Website

https://exilion.fi

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Exilion is a Finnish investment and asset management firm founded in 2005, managing EUR 1.2 billion across four limited partnerships covering commercial real estate (10 properties in Helsinki and Turku) and renewable energy (380 MW wind, 70 MW solar, BESS) for Finnish pension and university institutional investors.

Ownership category

akta.pro rank

Product category

Institutional Asset Management

NAICS

Electric Power Generation (22111)

SIC

Real Estate Investment Trusts (6798), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Renewable Energy Infrastructure (FSAAAKAG)

Keywords

• Real estate investment
• Renewable energy investment
• Asset management services
• Wind power production
• Institutional fund management

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Asset Management Fees: Exilion generates revenue through asset management fees by overseeing four limited partnership vehicles (kommandiittiyhtiöt) that hold real estate and renewable energy assets. The company manages approximately EUR 1.2 billion in assets under management on behalf of Finnish institutional investors.
2. Real Estate Investment Returns: Returns from direct property investments including office buildings, hotels, and shopping centers. Revenue is generated through rental income, property appreciation, and eventual disposition of assets.
3. Renewable Energy Production Revenue: Revenue from wind farms and solar parks through electricity production and sale, Power Purchase Agreements (PPAs), and capacity payments. Exilion Tuuli Ky produced approximately 1.09 TWh of renewable electricity in 2025.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Exilion is a Finnish investment and asset management company that manages approximately EUR 1.2 billion in assets across four limited partnerships covering commercial real estate (office, hotel, and shopping center properties) and renewable energy production (wind farms, solar parks, and battery storage). The company invests in and manages 10 commercial properties in Helsinki and Turku, 15 wind farms totaling 380 MW, a 70 MW solar power plant, and battery energy storage systems, generating returns for Finnish institutional investors.

Product overview

Exilion is a Finnish investment and asset management company founded in 2005, managing approximately 1.2 billion euros in assets through four limited partnerships: Exilion Asemahotellit Ky (hotel properties), Exilion Real Estate I Ky (office/commercial properties), Exilion Tuuli Ky (renewable energy/wind power), and Kauppakeskus Hansa Ky (shopping center). The company operates across two main business lines: real estate investments (office, hotel, and retail properties in Helsinki metropolitan area and Turku) and renewable energy production (wind farms, solar power plants, and battery energy storage systems). Key properties include Valla office building, Scandic Grand Central Helsinki, Original Sokos Hotel Tripla, and Original Sokos Hotel Helsinki. Renewable energy assets include 14 wind farms (380 MW capacity), Simon solar power plant (70 MW), and battery storage systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Exilion Asemahotellit Ky Investment vehicle focusing on large hotel properties located in central locations and transportation hubs. Owns hotels including Scandic Grand Central Helsinki (~490 rooms) and Original Sokos Hotel Tripla (430 rooms).
• Exilion Real Estate I Ky Investment vehicle focusing on low-risk office, commercial, and hotel properties in the Helsinki Metropolitan Area. Owns approximately 50,000 m² of leasable area including Valla, Elielinaukio 5, and Kluuvikatu 8 properties.
• Exilion Tuuli Ky Investment vehicle investing in wind power and other renewable energy sources. Owns 15 wind farms with 380 MW of operational clean wind capacity, making it one of Finland's largest domestic wind power producers.
• Kauppakeskus Hansa Ky Shopping centre investment vehicle owning the majority of properties at Hansakortteli in central Turku. Properties valued at approximately EUR 180 million with approximately 39,000 m² of leasable area.
• Valla Office Building Landmark office building in Ruoholahti, Helsinki. Approximately 21,000 m² of modern office space with restaurant, auditorium, conference center, and atrium. BREEAM In-Use Excellent certified.
• Simo Solar Power Plant

Quantifiable outcome

• Produced approximately 1.09 TWh of renewable electricity in 2025, equivalent to all Helsinki households' annual electricity consumption
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Nala RenewablesminorStrategic or Co-development Partner · 12 November 2025Nala Renewables commissioned a 50 MW / 100 MWh BESS project supplied by Sungrow in Finland, highlighting market shift to 2-hour systems.
• Solarigo Systems OycoreStrategic or Co-development Partner · 7 November 2025Solarigo Systems Oy served as the designer and constructor for Simon solar power plant (70 MW), Exilion's first utility-scale solar installation. Solarigo also provides ongoing maintenance and operations for the solar park. This was Solarigo's largest single solar project to date.
• Merus PowercoreStrategic or Co-development Partner · 1 November 2025Merus Power and Exilion signed an agreement for a 30 MW / 66 MWh battery energy storage system (BESS) in Mäntyharju. Project value is approximately EUR 17 million, to be completed in 2026. Merus Power acts as the main project developer using proprietary Finnish grid-forming technology.
• FingridcoreOthersFinnish transmission system operator connecting Simon solar power plant to the national grid (kantaverkko).
• Carelin Oy / AFRYcoreImplementation/ SI/ Consulting PartnerTechnical Management Agreement (TMA) operator responsible for operational management of five wind farms (Tervola Varevaara, Simo Halmekangas, Simo Onkalo, Kalajoki Mustilankangas, Ii Viinamäki) and battery storage. Contact: Joni Niemi.
• St1 OycoreImplementation/ SI/ Consulting PartnerTechnical Management Agreement (TMA) operator responsible for operational management of eight wind farms (Tornio Kitkiäisvaara, Simo Leipiö, Pori Peittoo, Salo Märynummi, Pori Tahkoluoto, Vartinoja I, Luhanka, TuuliMuukko). Contact: Yrjö Laine.
• StatkraftcoreChannel Partner/ Reseller/ DistributorNorwegian state-owned energy company acting as intermediary in Power Purchase Agreement between Exilion's Palokangas wind farm and DNA Oyj for 85 GWh annually over 10 years.
• Ministry of Employment and the Economy (TEM)minorOthersProvided EUR 8.9 million investment subsidy from EU Next Generation EU funding for Simon solar power plant construction.
• Oomi Solar OycoreStrategic or Co-development PartnerOomi Solar Oy is developing the Loviisa Tjusterby solar power plant (~40 MW) on behalf of Exilion. Company handles project development including landscape, soil, and nature surveys.
• SRVminorImplementation/ SI/ Consulting PartnerConstruction contractor selected for Valla property development project in Helsinki Ruoholahti. SRV executed ground floor renovation starting January 2025.
• DNA OyjminorOthersTelecom company purchasing 85 GWh annually from Exilion's Palokangas wind farm through 10-year PPA negotiated via Statkraft.

Scale indicators10 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Elo: Finnish mutual pension insurer that is simultaneously a customer (LP), co-investor, and historical owner of one of Exilion's real estate vehicles. Closely comparable as a pension-owned Finnish real estate investor.
• OP Real Estate Asset Management: Real estate investment arm of Finland's largest financial group, managing Finnish commercial real estate on behalf of institutional clients. Comparable as a domestic institutional real estate asset manager competing for similar Finnish capital pools.
• Citycon: Nordic shopping centre owner and operator, comparable to Exilion's Hansakortteli (Kauppakeskus Hansa Ky) retail asset. Similar tenant mix and Finnish/Nordic geographic footprint in retail property.
• CapMan: Nordic private equity and real asset manager with Finnish real estate and infrastructure strategies. Comparable as a Finnish/Nordic asset manager raising LP capital to deploy into real estate and renewable infrastructure.
• Ilmarinen: Finland's largest mutual pension insurer, which invests directly in domestic real estate and renewable energy. Comparable institutional ownership structure and real-asset allocation philosophy to Exilion's pension-owned model.
• Varma: Finland's second-largest mutual pension insurer with a sizeable direct real estate portfolio including Helsinki offices and hotels. Comparable institutional investor with overlapping asset class focus.
• Taaleri: Finnish asset manager that runs renewable energy infrastructure funds (wind, solar) alongside real estate and bioindustry exposure. Closely comparable to Exilion's mix of institutional LP-backed wind/solar investing and real asset management.
• LähiTapiola: Finnish mutual insurance group with direct real estate and renewable energy investments and prior wind farm seller to Exilion (TuuliTapiola Ky, EUR 90M in 2019). Comparable institutional real-asset investor in the Finnish market.

Broad incumbents

• Fortum: Major Finnish/Nordic energy group with significant renewable generation (hydro, wind, solar). Comparable as a large-scale Finnish renewable energy operator, though Exilion is far smaller and domestically focused.

Regional players

• Kojamo: Finland's largest residential REIT. Comparable as a Finnish institutional-grade property investor with public-market discipline, though focused on rental housing rather than commercial/renewable assets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/exilion

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exilion