As we approach the close of 2024 and prepare for 2025, it’s the moment to reflect on the progress we’ve made at Aurora Infrastructure and set our sights on the year ahead. This year has been particularly significant for me, as it marked my first year as CEO of Aurora Infrastructure. It has been a year of learning, growth, and, most importantly, collaboration with an extraordinary team and dedicated partners.
2024: Updated strategy and €200m in new financing to support our clients in their financial and sustainability goals and winning new deals
In 2024, Aurora Infrastructure took significant steps to ensure that industrial electricity networks not only power uninterrupted operations but also accelerate the green transition via new financing mechanisms. With our updated strategy and plan of action we support our industrial clients in achieving both their financial and sustainability goals.
Highlights of the year include:
- Partnerships with pioneers of industrial green transition: We deepened our collaboration with industrial leaders like Neste, Nokia and Outokumpu, ensuring that their electrification needs are met with efficiency, utmost reliability and sustainability. Besides existing operations, we have built expertise within greenfield projects, green steel and hydrogen, battery energy storage systems and data centers. We have built significant new partnerships over the year.
- €200m in new debt financing to boost green transition: We announced €200m in new financing from selected financial institutions. Together with strong equity commitment from our shareholders this will help Aurora expand its services for industrial partners in Finland and the Nordic region.
- Significant interest and traction for our unique value proposition: At Aurora, we specialize in financing, owning, operating and maintaining industrial electricity assets. During 2024 we have seen significant new interest and demand for our value proposition that accelerates industrial electrification, reduces carbon footprint, release capital and increases free cash flow for our customers.
- Strengthening the customer-centric approach and organisation: Aurora is nothing without its client partners. During 2024 we kept investing in our resources, people and skills to ensure customers stay at the heart of everything we do.
Looking towards 2025: Faster and further
As we step into 2025, we are committed to furthering our role as a leader in accelerating the green wave of electrification. This coming year we look forward to:
- Make significant investments in industrial electrification: We have in total of €250m readily available and are in a strong position to build, own and operate industrial electricity networks. We are also widening the scope of sustainable assets that we finance.
- Provide measurable financial and sustainability value for our customers: With our unique value proposition, we believe Aurora has a winning combination of reducing carbon footprint and providing company boards and management teams free capital and cash flow to invest and use elsewhere.
- Become a Nordic champion: While Finland remains our home base, we will actively seek partnerships in the Nordic region. In the Nordics we believe to be forerunners in industrial electrification, with strong growth in renewable energy production, we see great opportunities for collaborating to build new sustainable industries.
- Assist our client to benefit from regulatory changes and leverage new funding mechanisms: The evolving regulatory and funding landscape for 2025 offers new exciting opportunities to leverage green transition mechanisms. For example, the European Innovation Fund support new green investment projects larger than €100m, European Investment Bank will channel 50% of its funding into green transition projects. Finland’s is planning a new tax incentive for new green investment projects larger than €50m, in addition prioritization of green investments will streamline project approvals.
- Engage in industry dialogue and bring people together: Furthermore, we aim to engage and lead conversations around industrial electrification and keep bringing together stakeholders and industry leaders to address shared challenges and opportunities.
As we close out the year, I want to thank our clients, partners, and our team for your trust and dedication. Together, we’ve made meaningful progress in driving industrial transformation and are setting a new benchmark for what we can achieve together.
As the world experience significant turmoil, 2025 will undoubtedly bring new challenges, but same time a lot of new opportunities. At Aurora, we are ready to seize them together with you.
Wishing you a prosperous and sustainable New Year,
Robin Lindahl
CEO, Aurora Infrastructure
