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CEO of Caruna to change
Tomi Yli-Kyyny, CEO of the electricity distribution company Caruna, has announced his resignation to assume a new position outside Caruna. He will continue in his current position until 1 May 2022, ensuring a smooth transfer of duties and responsibilities to his successor.
A new organisation to support Caruna's updated strategy
Caruna's organisation and the composition of its Management Team are changing to align more closely with the company's updated strategy. The new organisation will consist of four units: Network Management and Operations, headed by Elina Lehtomäki; Customer Value and New Ventures, headed by Kosti Rautiainen; Company Services, headed by Jyrki Tammivuori; and People, Public Affairs and Regulation, headed by Noora Neilimo-Kontio. The company's Management Team will consist of CEO Tomi Yli-Kyyny and the four unit heads. Caruna's Change Management Office will be headed by Katriina Kalavainen.
Caruna reduces the price of electricity distribution in Caruna Espoo Oy’s network area
Customer prices will decrease by an average of 2.5 per cent as of 1 November 2021. The average impact on prices excluding tax will be 5 per cent. The price reduction will apply to approximately 226,000 customers in Caruna Espoo Oy’s network area (Espoo, Kauniainen, Kirkkonummi and the centre of Joensuu).
Electricity for all, regardless of the conditions
The cold frosty days of winter have increased the load on the electricity distribution network and caused problems, especially abroad. Even in Finland, our society's operational capacity is dependent on the functioning of the electricity network. Electricity is needed more than ever as our society becomes electrified. Is there enough capacity, and what is security of supply? Can Texas happen with us?
Caruna ready to net small-scale production
The new amendment to the Government Decree allows hourly netting of small-scale production and consumption. This means that Caruna will automatically compensate for production that is not used in a one-hour period in the small-scale producer's distribution invoice.
Do you use exchange electricity? Reduce your bill with electrical load control
Electrical load control is the control of heating and hot water boilers in homes through an electricity meter. The control is suitable not only for buyers of exchange electricity who use the service at night, but also for owners of solar panels, who should concentrate their electricity use during the day.
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.
Electricity for all, regardless of the conditions
The cold frosty days of winter have increased the load on the electricity distribution network and caused problems, especially abroad. Even in Finland, our society's operational capacity is dependent on the functioning of the electricity network. Electricity is needed more than ever as our society becomes electrified. Is there enough capacity, and what is security of supply? Can Texas happen with us?
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.