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Helen prepares to invest up to 50 million euros in growth companies disrupting the energy industry - Helen Ventures aims to accelerate the industry-wide transformation
Helen Ltd has launched a new investment operation, Helen Ventures, which aims to team up with start-up partners in accelerating the transformation of the energy industry. Helen Ventures will be a strategic investor supporting the growth companies that are disrupting and renewing the energy industry. Helen's investment will amount to EUR 50 million over the first five years.
Helen’s profit trend continues at a good level – waste heat is utilised to a higher degree in cooperation with a key customer
Helen’s profit trend has continued at a good level in the third quarter, with successful measures in the electricity market playing a key role. Helen continues its business transformation in accordance with the strategy set out in the spring.
Helen’s good profit trend, strong balance sheet and financial position enable development and growth of solutions for a new energy era.
Helen will build a heat pump in connection with the Vuosaari power plant, utilising the power plant’s own cooling water circulation and the heat of sea water as heat sources. A heat pump of this scale utilising the heat of the sea water is unique in Finland.
One of Helsinki's largest solar power plants is being built on the roof of Messukeskus Expo and Convention Centre, and the panels are now available to rent as Helen's designated panels.
Helen is offering a new service for residential apartment blocks that are heated with district heat. The service enables improved energy efficiency and, consequently, reduced environmental impacts caused by heating. The service is a significant step towards more energy-efficient living.
Helen konsernin tilinpäätöstiedote 2018 The Helen Group recorded an excellent result. Successful measures in the electricity wholesale market, where the price level was higher than anticipated, had an impact on the solid performance. Demand for district heat and district cooling was at a record high level, and the number of Helen’s electricity sales customers reached another all-time high.
A housing company in Jätkäsaari invested in the future and commissioned Helen to build 12 electric vehicle charging points in the property’s indoor car park.
Helen wishes to warn customers of possible phishing attempts for account details. Helen has information that phishing phone calls asking for customers' account details have been made, posing both as Helen and Intrum, which handles Helen's billing services.
There will be an increased amount of network refurbishment, renewal and construction work carried out in both the district heating and the electricity network during the winter and spring season of 2019 in anticipation of Finland's EU Presidency starting in July.