Volue, a market leader in technologies and services that enable its customers to succeed in the energy transition, has announced the launch of its new Volue Energy Services product line. The announcement follows the purchase of Enerim Oy’s Wholesale Markets business line, with the transaction closing on 30 June, 2023.
Jul 3, 2023
The new product line sees Volue’s existing Market Services join forces with Enerim Wholesale Markets, a leading energy market services business based in Helsinki, Finland.
The new entity will be a market leader for software-backed services in the renewables sector, providing power producers, industrial companies, traders, aggregators and battery operators with services including asset operations, power production planning and optimisation, and trading and settlement.
The Volue Energy Services product line consists of more than 100 employees serving 280 customers in Norway, Sweden, Denmark, Finland and Germany, with growing customer bases in each country.
Following the deal closing, Tomi Pesonen has been appointed as Senior Vice President and head of Volue Energy Services. He joins after holding the director position with Enerim’s Wholesale Markets.
On his appointment, he said: “I am proud to take on this role at what is an incredibly exciting time for the business. Today is good news for our customers, our employees and the wider industry sector in general. Together we become a market leader and now have the best capabilities to support our clients in flexible energy markets over the coming years.”
The closure today of this acquisition marks an important milestone not only for Volue, but for the sector as a whole. The technology, expertise and competence this deal brings to Volue, is a substantial step forward in creating an effective and scalable operation, beneficial to our customers.
Trond StraumeCEO, Volue
“I have no doubt that Volue Energy Services will be the undisputed Nordic market leader over the coming years, providing the perfect platform for further growth within European markets. Today is just the that start of the journey.”