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Jyrki Tammivuori appointed CEO of Caruna as of 13 May 2022
Caruna’s Board of Directors has appointed Jyrki Tammivuori, M.Sc (Econ) CEO of Caruna as of 13 May, 2022. Tammivuori has been working for Caruna since 2015, first as CFO. Since 2018 Tammivuori has held the position of CFO and deputy CEO at Caruna. Tammivuori was appointed Acting CEO of Caruna in March 2022.
Caruna's Annual Report 2021 published
The Caruna Group (Caruna) Annual Report for 2021 has been published at caruna.fi/vuosiraportti2021. The Annual Report contains sections on Corporate Responsibility and Governance and, as separate pdf files, also the ESG indicator section that summarises number data, as well as the financial statements for 2021.
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.
Electricity solutions for specific needs: Cultivation with grow lighting in greenhouses uses a lot of electricity for the needs of growing
In Finland, the growing season is naturally short, but by using grow lighting, Finnish crops can be produced year round. Lighting that provides strength to growth is the biggest electricity user in a greenhouse, and annual usage can easily reach tens of thousands of megawatt hours. Electricity for the Juntti market garden will soon be delivered via their own Caruna primary substation
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.
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.
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.
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.