Roschier advised InfraVia in the divestment of Aurora Infrastructure Oy to Equitix
Asset management company InfraVia Capital Partners has agreed to sell Finnish strategic industrial electricity distribution networks operator Aurora Infrastructure Oy to funds managed by Equitix. Roschier acted for the seller in the transaction.
Aurora is a Nordic infrastructure company that specializes in owning, operating, and upgrading private electricity network infrastructure where reliability and availability are critical to customers’ operations.
Aurora currently owns the electricity networks at two of Finland’s largest and strategically important industrial sites which represent 6% of Finnish electricity consumption: the AKO network serving the Kilpilahti industrial area, near Porvoo – the largest integrated chemical cluster in the Nordics; and the ATO network in Tornio, serving Outokumpu’s ferrochrome and stainless-steel manufacturing facility –the only fully integrated stainless-steel facility in the world. Aurora’s customers are blue-chip international industrial companies.
The closing of the transaction is subject to the receipt of customary regulatory approvals.