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Caverion delivers one of the world’s largest CO2 refrigeration systems to Oulun Energia in Finland

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Caverion Corporation Investor news 27 June 2023 at 10:00 a.m. EEST

Caverion delivers one of the world’s largest CO2 refrigeration systems to Oulun Energia in Finland

Caverion will implement a smart refrigeration system, including cooling and heat production, for a new energy centre being built by Oulun Energia. After completion, the energy centre will produce clean cooling energy for Nokia’s new campus in Oulu and heating energy for the district heating network of Oulun Energia. The system is based on cooling and heating production in the same process, where intelligent controls ensure minimum waste of energy.

“The energy centre is a concrete demonstration of a modern, energywise innovation made possible through the close cooperation of Caverion and Oulun Energia. The size of the project is significant for both parties, further strengthening the already fruitful cooperation between the two companies,” says Tommi Kantola, Business Director of Energy Services at Oulun Energia.

Clean energy with CO2 technology

By using clean, non-toxic and climate neutral CO2 heat pump technology, the energy centre will upon completion be one of the world’s largest district cooling and heating plants based on CO2 technology. Caverion’s delivery also includes the energy system automation, remote management, and technical maintenance during the warranty period.

“We want to be part of the energy transition and produce solutions enabling the green change. This energy centre is a technological pioneer for modern, zero-emission cooling and heating plants. We believe that carbon dioxide will play an important role as a technology for future high-capacity energy centres. We are very pleased to be working together with Oulun Energia,” says Ville Tamminen, Head of Caverion Finland division.

Caverion’s part in the project begins in summer 2023, with the refrigeration system ready for production at the end of 2024. The entire energy centre is expected to be completed in early 2025.

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Illustration: Arkkitehtitoimisto ALA

Further information:

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

Caverion is an expert for smart and sustainable built environments, enabling performance and people’s well-being. Customers can trust our expertise during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from installation and maintenance of base and smart technologies, to managed services as well as advisory and engineering services and digital solutions. Our customers are supported by about 14,500 Caverion professionals in 10 countries in Northern and Central Europe. Our revenue in 2022 was over EUR 2.3 billion. Caverion’s shares are listed on Nasdaq Helsinki. 

www.caverion.com @CaverionGroup 

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Caverion delivers one of the world’s largest CO2 refrigeration systems to Oulun Energia in Finland
The refrigeration system uses clean, non-toxic and climate neutral CO2 heat pump technology.