ICECAPITAL acted as Financial Advisor to Nordion Energi, backed by Igneo Infrastructure Partners, in its acquisition of E.ON’s 50% stake in Kalmar Energi.

ICECAPITAL acted as Financial Advisor and Hedging Advisor to SAREN Energy AS in establishing its CTA financing platform and raising approximately NOK 2bn through a mix of senior and junior bank and private placement notes.

ICECAPITAL acted as a financial advisor to Pohjan Voima Oy (Arise AB’s Finnish subsidiary) in the sale of the Keminmaa 125 MW ready-to-build standalone BESS project to funds advised by Luxcara.

ICECAPITAL acted as a financial advisor to Enordic Evergreen, a wholly owned Nordic IPP platform of Ardian Clean Energy Evergreen Fund, in its acquisition of Furukraft 62 MW operational onshore wind farm in Sweden from Italian renewable energy IPP ERG.

ICECAPITAL acted as financial advisor to Sentica in the divestment of Coptersafety, the largest independent provider of full flight simulator pilot training in Europe, to MML Keystone.

ICECAPITAL acted as a financial advisor to Nordic Ren-Gas Oy in its 16 EURm growth financing round, in which Taaleri and Tesi invested in the company alongside existing investors Allianz and Suomen Tavara ja Raha Oy.

ICECAPITAL acted as co-financial advisor and sole debt advisor to Nordic Infrastructure AG on the acquisition of Statkraft’s district heating assets in partnership with PATRIZIA SE. The portfolio acquired by NIAG comprises 11 biomass-fueled sites across Sweden and Norway with a combined annual heat output of ~450 GWh.

ICECAPITAL advised Solör Bioenergi AB on the acquisition of E.ON’s district heating assets in Åkersberga (January 2025) and subsequently Vallentuna (July 2025) with a combined annual output of c. 140 GWh.

ICECAPITAL acted as Financial Advisor and Private Placement Agent for Nevel Oy in establishing its CTA financing platform and raising EUR 665+ million through a mix of multicurrency bank and private placement loans.

ICECAPITAL acted as financial advisor to Lahti Energia in its partial refinancing, securing EUR 150 million in new green financing.

ICECAPITAL acted as financial advisor and debt advisor to Polhem Infra in the acquisition of a 49 % minority stake in Pori Energia Oy. The equity value of the transaction was EUR 359 million.

ICECAPITAL acted as a financial advisor to Pohjan Voima in the divestment of Finland’s largest, 125 MW ready-to-build battery energy storage project to Alpiq.