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A carbon-neutral future is the common goal of Espoo and Caruna – cooperation agreement signed
The City of Espoo and electricity distribution company Caruna Espoo Oy signed an agreement on strategic cooperation on March 31, 2021. The aim of the cooperation is to support Espoo's growth and carbon-neutrality targets with a strong electricity network that meets future energy needs, enabling clean energy solutions for Espoo residents and companies.
AMF, Ontario Teachers’ Pension Plan Board and KKR become new shareholders in Caruna alongside Elo
Ontario Teachers' Pension Plan Board (Ontario Teachers’) and KKR have each acquired a 20% holding in Caruna, Finland’s largest electricity distribution company, from First Sentier Investors (FSI). In a separate transaction that also completed today, AMF has acquired Keva’s 12.5% holding in Caruna. Both transactions have received all necessary regulatory approvals.
Industrial electricity tax to be lowered as of 1 January 2021
The industrial electricity tax included in the electricity distribution invoice will be lowered to 0.063 c/kWh at the beginning of the year. The change also applies to commercial greenhouse production.
Crowd efforts further improve electricity network safety – Caruna and Posti continue collaboration
Ensuring the security and as needed, repairs of the electricity network is the most crucial part of the service provided by Caruna to its customers. Pilot collaboration of Caruna and Posti started in 2018 expands in the summer of 2019.
If you are heating with electricity: do your wallet and the climate a service with electrical load control!
Caruna's customers were given a golden opportunity to manage the start-up schedules of electrical devices, such as water boilers. This brings relief to the electricity invoice, as devices can be turned on during the cheapest hours of electricity. At the same time, the customer inadvertently does a service to the climate.
The accumulator storage of Fortum and Caruna improves the reliability of the electricity system
Climate change and the energy transition towards renewable and weather-dependent energy sources create requirements for the balance of the electricity system. Fortum and Caruna have together developed solutions for securing reliability of supply in the future.
Caruna takes care of the electricity distribution even under abnormal circumstances
We take the coronavirus situation seriously and we have already taken steps to ensure the electricity distribution even under abnormal circumstances. We ensure that electricity will be transferred to our customers and possible faults will be taken care of.
Hats off to the municipalities in Caruna's network area for occupational safety
Safety is a team effort at Caruna. We are not satisfied with fulfilling the letter of the law – we want to do more. That is why during the last 18 months, we have provided safety training for almost 700 employees of municipalities and their partners within the 51 municipalities of our network area. Safety
Caruna offers its private customers a free three months' respite for payment and expedites the payment of invoices to contractors
The option to extend the payment deadline applies to all of Caruna's private customers, around 600,000 in total. By this measure, Caruna wants to do its part in helping to alleviate the financial impacts of the coronavirus epidemic on its customers.
Caruna in 2019: local progress is being made on building a reliable electricity network
Caruna is overhauling the electricity network at a healthy pace. An electricity network built to address future needs will be able to cope with higher electricity consumption and tolerate the stresses caused by climate change without long power cuts.
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