Pori Energia has signed an agreement to buy Leppäkosken Sähkö, an electricity distribution company in western Finland, from Leppäkoski Group.
Why Pori Energia Oy is buying Leppäkosken Sähkö Oy
After closing, Leppäkosken Sähkö will become a subsidiary of the Pori Energia group, and Pori Energia's electricity distribution business will rank among the ten largest distribution system operators in Finland.
Deal terms and financing
Pori Energia is acquiring the entire share capital of Leppäkosken Sähkö from Leppäkoski Group, which announced strategy changes affecting its ownership in January 2026. Financial terms were not disclosed.
Regulatory approvals and timing
The Finnish Competition and Consumer Authority received the notification on 4 August 2026 and approved the acquisition on 13 August. Completion is expected by the end of 2026, subject to regulatory approvals.
Market context
Leppäkosken Sähkö is a natural-monopoly distribution network operator with networks in Ylöjärvi, Hämeenkyrö, Ikaalinen, Jämijärvi, Kihniö and Parkano. Pori Energia is jointly controlled by the City of Pori and Polhem Infra, which is owned by Swedish state pension funds.
