Partners Group acquires District Heating Platform in Northern Europe

Partners Group has, on behalf of its clients, agreed to acquire one of the largest district heating platforms in the Baltics, from Finnish energy company Fortum Corporation.

The company, which operates across Estonia, Latvia and Lithuania, has 74 generation assets, which generate heat capacity of 881 MW and power capacity of 130 MW across 387 kilometers of district heating networks.  The transaction is expected to be completed in the second quarter of 2021 and is is subject to customary closing conditions

As reported by Mergermarket, Partners Group general counsel Andreas Knecht (pictured) followed the transaction.