Caruna

Caruna is the largest company in Finland dedicated to the distribution of electricity. It provides power to over 664,000 private and corporate customers in South, Southwest and West Finland, as well as in the city of Joensuu, the sub-region of Koillismaa, Lapland and the Satakunta region. Caruna employs approximately 270 employees and contracts directly 2,000 additional workers all over Finland. Caruna is investing heavily in the construction of a weatherproof network and, in addition, invests about MEUR 200 annually in the development of its electrical network. Caruna is owned by the Finnish employment pension companies Keva (12.5%) and Elo (7.5%) and by international investors in infrastructure, First State Investments (40%) and Borealis Infrastructure (40%).