ICECAPITAL acted as financial advisor to Metso Oyj

ICECAPITAL acted as financial advisor to Metso Oyj in the creation of a joint venture between Metso and Wärtsilä Oyj. The joint venture called MW Power provides medium- and small scale power and heating plants, focusing on renewable energy. The transaction will be closed in January 2009.

ICECAPITAL acted as financial advisor to Dalkia AB

ICECAPITAL acted as financial advisor to Dalkia AB in the creation of a joint venture between Dalkia AB and Pori Energia Oy. The joint venture called STEP will develop industrial energy services in Finland.