Loviisan Lämpö

What Loviisan Lämpö does

Loviisan Lämpö Oy is a Finnish district heating utility founded in 1999, headquartered in Loviisa, and owned by CapMan Infra. The company produces and distributes district heating (kaukolämpö) via circulating hot-water networks to approximately 400 customers across six municipalities — Loviisa, Pukkila, Pornainen, Lappohja, Pyhtään Siltakylä, and Pyhtään kirkonkylä — delivering over 65 GWh annually. Over 99.5% of its heat is produced from bioenergy, positioning it as a renewable heat leader within its size class. Revenue is generated primarily through two-part district heating tariffs (a power fee based on ordered capacity and an energy fee per MWh consumed) plus one-time connection fees, with prices varying by locality.

The company has built a deliberate technology stack around decarbonization: a 1 MW / 100 MWh Polar Night Energy sand battery in Pornainen (using Tulikivi soapstone as storage medium), an industrial waste heat recovery system with Loval Oy that can cover up to 25% of Loviisa's heat demand, and an Elisa AI solution that optimizes sand battery charging and Fingrid reserve-market participation. These initiatives are partially funded by Business Finland and delivered through a partner ecosystem (Polar Night Energy, Tulikivi, Elisa, Iotoi, Sweco). The operating model is regional/local with a small internal team (1-10 employees), sales-led direct customer acquisition, plus remote meter reading and a customer consumption portal for usage tracking. The recent acquisition of the Pyhtää and Lappohja district heating business from Raseborgs Trä Ab Oy signals an active consolidation strategy in the fragmented Finnish district heating market.

Name

Loviisan Lämpö

Legal name

Loviisan Lämpö Oy

Website

https://loviisanlampo.fi

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Loviisan Lämpö is a Finnish district heating utility founded in 1999 that produces and distributes ~65 GWh of bioenergy-based heat annually to approximately 400 residential, commercial, and public customers across six municipalities in southeastern Finland, and is owned by CapMan Infra.

Ownership category

akta.pro rank

Product category

District Heating Services

NAICS

Steam and Air-Conditioning Supply (221330)

SIC

Cogeneration Services & Small Power Producers (4991), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

District Energy Biomass Plants (Heating Networks) (EUAAAGAB)

akta.pro secondary industries

District Energy & Community CHP (District Heating/Cooling Networks) (EUACAKAH), District Energy & CHP-Based Microgrids (Thermal Networks + Power) (EUACALAL), Chillers, Boilers & Central Plant Operations (BPABACAG)

Keywords

• District heating utility
• Bioenergy heat production
• Thermal energy distribution
• Waste heat recovery
• Renewable heating services

Headquarters

HQ city

Loviisa

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. District Heating Sales: Revenue from supplying district heating to approximately 400 customers. Comprises power fees (tehomaksu) based on ordered capacity and energy fees (energiamaksu) per MWh consumed. Prices vary by locality.
2. Connection Fees: One-time connection fees (liittymismaksu) for new customers connecting to the district heating network. Based on ordered capacity (kW).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Loviisan Lämpö produces and distributes district heating (kaukolämpö) to approximately 400 residential, commercial, and industrial customers across six municipalities in eastern Finland, with over 99.5% of heat produced from bioenergy. Heat is delivered via circulating hot water through a proprietary district heating network, complemented by remote metering, a customer consumption portal, a 1 MW / 100 MWh sand battery thermal storage system, and industrial waste heat recovery infrastructure.

Product overview

Loviisan Lämpö is a Finnish district heating company operating since 1999, offering sustainable district heating (kaukolämpö) services across six service areas. The core product is district heating distributed via circulating hot water, produced over 99.5% from bioenergy. Supporting infrastructure includes remote reading systems and a customer consumption portal for energy monitoring. Advanced offerings include a Polar Night Energy sand battery for heat storage with AI-powered optimization from Elisa, and waste heat recovery systems from industrial partners like Loval Oy. The company is owned by CapMan Infra.

Differentiator

Problem solved

Functional benefit

Products and services

• District Heating (Kaukolämpö) Sustainable district heating service distributing heat via circulating hot water through a dedicated network to residential, commercial, and industrial customers across six municipalities (Loviisa, Pukkila, Pornainen, Lappohja, Pyhtään Siltakylä, and Pyhtään kirkonkylä). Over 99.5% of heat is produced from bioenergy, with continuous monitoring, reserve capacity for fault situations, and 24/7 on-call emergency support.
• District Heating Network Connection One-time connection of a property to the Loviisan Lämpö district heating network, with connection fees (liittymismaksu) based on ordered capacity (kW) using tiered pricing. Available to residential, commercial, and industrial customers in the municipalities served.

Quantifiable outcome

• Pornaisten district heating network emissions reduced by 70% (~160 t CO2e/year)
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Loval OycoreStrategic or Co-development Partner · 1 June 2024Loviisan Lämpö provides cooling services for Loval Oy's manufacturing processes while recovering waste heat for district heating network. An energy center is being built next to Loval's factory to produce required cooling and capture waste heat for district heating, covering up to 25% of Loviisa's heating needs.
• ElisacoreTechnology or Integration · 1 January 2024Elisa's AI solution optimizes the sand battery's electricity usage based on electricity prices and grid needs. Automatically optimizes battery charging and participation in Fingrid's electricity reserve markets, bringing significant savings and revenue.
• Iotoi OyminorStrategic or Co-development Partner · 1 January 2024District heating development company Iotoi helped Loviisan Lämpö and Loval find a mutually beneficial solution for waste heat recovery and cooling services.
• Sweco Talotekniikka OyminorImplementation/ SI/ Consulting Partner · 1 January 2024Responsible for structural design of the energy center being built for Loval partnership.
• Polar Night EnergycoreTechnology or Integration · 1 January 2023Construction of 1 MW / 100 MWh sand battery in Pornainen. Uses soapstone crushed rock from Tulikivi as storage medium. The sand battery enables non-combustion heat production and participation in Fingrid's reserve markets. Turnkey delivery from Polar Night Energy.
• Raseborgs Trä Ab OycoreStrategic or Co-development Partner · 1 January 2023Loviisan Lämpö acquired Pyhtää and Lappohja district heating business from Raseborgs Trä Ab Oy, expanding operations to Pyhtään Siltakylä and Pyhtään kirkonkylä.

Scale indicators8 records

Recent moves7 records

Expansion highlights10 records

Regional players

• KSS Energia: Regional energy group in southern Finland providing district heating and electricity to several municipalities; analogous mid-scale DH utility operating multiple small networks.
• Vantaan Energia: Regional Finnish district heating and electricity utility serving the Vantaa region with multiple bioenergy plants; directly comparable as a Finnish municipal-scale DH operator investing in biomass and emissions reduction.
• Turku Energia: Regional energy utility serving Turku with district heating; similar profile to Loviisan Lämpö as a Finnish municipal-scale district heating provider with a renewable/biomass mix.
• Tampereen Energia: Tampere-based energy company operating district heating with growing renewable share; comparable as a mid-sized Finnish DH utility pursuing decarbonization and bioenergy transitions.
• Kuopion Energia: Kuopio-based district heating and electricity utility with bioenergy plants; comparable as a mid-sized Finnish DH provider investing in renewable heat production.
• Lahti Energia: Lahti-based utility operating district heating with significant bioenergy share and ongoing decarbonization investments; comparable as a regional Finnish DH operator scaling renewable heat.

Broad incumbents

• Helen Oy: Helsinki-based energy company that operates Finland's largest district heating network with high bioenergy share; comparable as a Finnish district heating utility, though much larger and municipally owned.
• Fortum: Largest Nordic district heating operator with extensive DH networks across Finland, Sweden, and the Baltics; directly comparable as a bioenergy-heavy district heating utility, but at far greater scale and with a broader power generation portfolio.

Emerging players

• Polar Night Energy: Finnish developer of industrial-scale sand/heat storage technology and direct partner of Loviisan Lämpö on the Pornainen battery; relevant peer as a technology provider and operator in thermal energy storage.

Direct peers

• Adven Oy: Nordic decentralized energy and district heating operator owning many small DH networks across Finland; comparable as a multi-site small/mid-scale DH owner pursuing bioenergy and industrial heat recovery in similar service-area settings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Loviisan Lämpö