Caverion and Fortum to cooperate in the technical installation and maintenance of district heating energy meters in Finland


Helsinki, 2015-05-28 13:30 CEST (GLOBE NEWSWIRE) --  

CAVERION FINLAND               PRESS RELEASE                      MAY 28, 2015 AT 14:30 EEST

Caverion and Fortum to cooperate in the technical installation and maintenance of district heating energy meters in Finland

Caverion and Fortum Power and Heat signed today a business transfer and service agreement on the technical installation and maintenance of energy meters. In accordance with the agreement, Caverion will assume responsibility for the technical installation and maintenance and control services of district heating and district cooling meters and gas meters in the Espoo and Central Uusimaa district heat distribution area. The business transfer and service agreement is effective from September 1, 2015. The value of the agreement will not be disclosed.

In connection with the business transfer, five people will, from September 1, 2015, be transferred to Caverion Suomi Oy as existing employees in accordance with Finnish legislation.

“It was important for us to find a partner that can to ensure the high quality of meter services and offer our specialists a good workplace. Caverion’s operating model and experience in offering services to energy companies were important factors in choosing a partner,” says Timo Aaltonen, Head of Production at Fortum.

The agreement covers the approximately 8,600 energy meters currently in the Espoo and Central Uusimaa district. Installation and maintenance activities include the installation and maintenance of district heating energy meters, modems and their terminal devices, ensuring data transfer and customer communications.

“We cooperate with energy companies, and energy meter installation and maintenance is smoothly integrated into our service business. Caverion develops user-friendly and energy-efficient solutions and service concepts for infrastructure networks. Built-up and urbanising environments need reliable and safe energy networks. We would like to wish the Fortum professionals about to join us a warm welcome to our team,” says Ville Tamminen, Vice President, Sales, Marketing and Development at Caverion Finland.

Fortum belongs to Caverion’s industrial client segment.

Additional information:

Caverion Finland, Kirsi Hemmilä, Communications Manager, tel. +358 50 390 0941, kirsi.hemmila@caverion.fi

Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings and industries. Our services are used in offices, retail properties, housing, public premises, industrial plants and infrastructure, among other places. We aim to be a leading European provider of advanced and sustainable life cycle solutions. Our strengths include technological competence and comprehensive services, covering all technical disciplines throughout the life cycle of the property and industrial plant. Our revenue for 2014 amounted to approximately EUR 2.4 billion. Caverion has about 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki.www.caverion.com