The composition of the board of directors of Elenia Lämpö Oy has recently changed. Andrew Cox has ceased to be a member of the board of directors of Elenia Lämpö Oy, effective as of 15 June 2016. Anna Dellis has been appointed as a new member of the board of directors of the company on 21 June 2016.
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BEFORE ENTERING THIS WEBSITE, PLEASE READ CAREFULLY THE FOLLOWING IMPORTANT TERMS AND CONDITIONS THAT GOVERN YOUR ACCESS TO, AND USE OF, THIS WEBSITE, AND ACKNOWLEDGE YOUR AGREEMENT TO THEM. IF YOU AGREE TO THE TERMS, CLICK 'I AGREE' AT THE END OF THIS DOCUMENT TO ENTER THIS WEBSITE. IF YOU CLICK 'I DO NOT AGREE' YOU WILL NOT BE ABLE TO ENTER THIS WEBSITE.
Access and use of this website (the Website) is conditional upon agreement to and compliance with these terms and conditions of access to the website (the Terms and Conditions).
You (the Client) acknowledge and agree to the Terms and Conditions and agree not to undertake any act or omission that would constitute a breach of these Terms and Conditions.
Access to and use of the Website
The materials on the Website are directed, in the UK and in other EEA countries, to persons regarded as market counterparties and intermediate customers and not to private customers (as defined by the rules of the U.K. Financial Conduct Authority), who should not rely on the Website. Moreover, any investment or services to which the Website may relate will not be made available to such private customers. The materials on the Website are intended for use by authorised users only and may not be published, copied or distributed to any other person.
Nothing in the Website is, or is to be construed as, an offer of or invitation to subscribe for, underwrite or purchase securities in any jurisdictions in which such offer is or may be prohibited, restricted or subject to any requirement for filing, authorisation, licence or consent.
The Client agrees that it has not made and will not make any offer of securities referred to on the Website (the Securities) other than in accordance with applicable law and regulation.
Nothing in the Website constitutes an offer of securities for sale in the United States. The Securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act of 1933, as amended (the Securities Act). It is not intended that the Securities will be registered under the Securities Act or any U.S. state securities laws.
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The Client should not assume that the information contained or incorporated by reference in any Offering Document or research report is accurate as of any date other than the respective date set forth therein or the date of the information incorporated therein.
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Click Through. Any acknowledgment, agreement or other type of click through button on the Website that is selected to evidence agreement or an acknowledgement shall have the same force and validity as a paper copy of an agreement that has been manually signed and delivered.
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Rule 144A. The Client is not a 'U.S. person' (as that term is defined in Regulation S under the Securities Act) and is not in the United States (as that term is defined in Regulation S under the Securities Act).
Unauthorised Use
Unauthorised use of the Website including but not limited to unauthorised entry into such entities' systems, or misuse of any information posted to the Website, is strictly prohibited.
Limitation of Liability
The Elenia Group and third party data providers are not responsible for any errors in or omissions from the information contained in or accessed through the Website (including all information, tools and materials contained on the Website).
The Website may contain statements that constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, such as the words 'believes', 'expects', 'may', 'intends', 'should' or 'anticipates', or the negative or other variations of those terms. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance of the Securities, the Elenia Group and/or any of its subsidiaries or affiliates to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: general economic and business conditions in the United Kingdom; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the Elenia Group and/or any of its subsidiaries or affiliates; changes in business strategy or customer relationships; and other factors that may be referred to in the Website.
Except as may be otherwise expressly provided by written agreement between the Elenia Group and the user, the Elenia Group will have no tort, contract or any other liability to the Client or any third party arising in connection with the use of the Website, or reliance on any information or services provided in this Website.
The Elenia Group will under no circumstances be liable to the Client or any third party, regardless of the form of action, for any lost profits or lost opportunity, or any indirect, special, consequential, incidental or punitive damages whatsoever, even if the Elenia Group has been advised of the possibility of such loss or damages.
Nothing in this clause shall limit or exclude liability of the Elenia Group:
(i) for personal injury arising from negligence;
(ii) for fraud, gross negligence or wilful default; or
(iii) for damages that may not be limited or excluded under applicable law and regulation.
The parties agree that the limitations and exclusions set out in this clause are reasonable having regard to all the relevant circumstances and the levels of risk associated with each party's obligations under these Terms and Conditions.
Governing Law
These Terms and Conditions and any non contractual obligations arising out of or in conjunction with it, will be governed by, and construed in accordance with, the laws of Finland.
The Finnish courts will have exclusive jurisdiction to settle any disputes which may arise in connection with these Terms and Conditions.
6.5.2016 | 14:17
Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued €27,000,000 in principal amount of 2.259% Fixed Rate Bonds due May 2029. The bonds are issued under a multicurrency bond programme and are listed on the London Stock Exchange.
Elenia Oy is the second largest electricity distribution network operator in Finland with operations in more than 100 cities and municipalities and approximately 67 600 km of distribution network. In 2015, total electricity distribution volume was 5,994 GWh.
21.4.2016 | 10:46
Elenia Group's annual report for 2015 has been published. The annual report includes description of the main activities and the development in year 2015 and consolidated financial statements.
The annual report and financial statements are available on the company's website at:
http://www.elenia.com/en/investors/financial-reports
More information:
Elenia Oy
Tommi Valento
CFO
+358 40 7208951
27.1.2016 | 15:38
Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued €50,000,000 in principal amount of 2.641% Fixed Rate Bonds due January 2031. The bonds are issued under a multicurrency bond programme and are listed on the London Stock Exchange.
Elenia Oy is the second largest electricity distribution network operator in Finland with operations in more than 100 cities and municipalities and approximately 67 000 km of distribution network. In 2014, total electricity distribution volume was 6112GWh.
25.1.2016 | 12:25
Elenia´s planned network investments will increase to EUR 115 million this year. The investments are made in all operational areas of Elenia including Häme, Pirkanmaa, Central Finland as well as Southern and Northern Ostrobothnia.
Elenia’s long-term investment programme improves the security of supply and local employment within Elenia’s network area. Elenia constructs this year around 2,500 kilometers of weatherproof electricity network. The underground cabling is carried out by Elenia’s wide group of contractor partners in all provinces of the network area.
15.1.2016 | 10:11
The ultimate shareholders of Lakeside Network Investments S.a. r.l. have informed Elenia Finance Oyj that they have commenced a strategic review of their interests in Lakeside Network Investments S.a r.l. and its associated subsidiaries (the Elenia Group). Elenia Finance Oyj does not anticipate that this strategic review will have any material impact on the customers, employees or business operations of the Elenia Group.
2.12.2015 | 12:41
Elenia Palvelut Oy’s agreement with Vattenfall Oy on the provision of transitional customer services will expire in January 2016. Elenia Palvelut Oy initiated employee cooperation negotiations on 19 October 2015 in order to adapt its customer services operations to the changing circumstances. The negotiations were concluded on 1 December 2015.
Elenia Palvelut Oy has decided to centralize its operations to Tampere during the first half of 2016 and to close down its operations in Helsinki which will result in the reduction of 33 full time employees in Helsinki.
13.11.2015 | 11:07
Elenia Lämpö Oy will renew the organisation of its operations and composition of the management team.
13.10.2015 | 8:43
Elenia is planning to centralize its customer services operations to Tampere. At the moment, Elenia’s customer services are located both in Tampere and Helsinki.
Elenia Palvelut Oy provides customer services to Elenia group and Vattenfall. The customer services provided to Vattenfall are based on a transitional services agreement which was made for a fixed period of time in connection with the sale of Vattenfall’s Finnish electricity distribution and district heating operations to Elenia in January 2012. The transitional services agreement with Vattenfall expires in January 2016.
20.8.2015 | 10:25
Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued and sold 2.684% fixed-rate guaranteed secured senior notes in the total principal amount of EUR 75,000,000 due in August 2030 through a private placement to an institutional investor in the United States.