volue

Volue now positioned as first mover with proven service, underpinned by battle proven software platform tailored at new asset owners

Volue is ready to capture the vast opportunity of 400GW intermittent renewables being brought online by 2030 from new asset owners

The combined entity will be a market leader for digital services in renewables, positioned to be number one in Europe by 2030

9.8 MEUR revenues (2022)

2.3 MEUR EBITDA (2022)

Set-up for 24/7 operations of renewable generation

Scalable business model

Nordic and European growth opportunities

Synergies with Volue's existing business and growth strategy

Volue acquiring Enerim Oy's wholesale division

Enerim was founded in 2020 in Helsinki, Finland, as a carveout from Empower. Enerim's wholesale division is the acquisition target
63 employees being a part of the transaction
180+ customers in 2023 with a Nordic stronghold.
Enerim Wholesale is a leading provider of digital services in renewables.
Main offering is physical and commercial market operations for the customers.
Enerim wholesale purely operate on a service-based business model without financial market risk.

Financials and rationale

Volue is buying a solid entity with strong business performance on both revenues, profitability and ARR.
Volue is on a journey to improve profitability, and on profitability multiples, the transaction creates shareholder value.
Utility scale batteries and wind power are identified by Volue to be areas of strong growth and attractiveness, with Finland and Sweden being the main markets. Volue are winning customers in both segments, but efforts can be accelerated through a joint offering.
By combining the entities, Volue is creating a market leader for digital services in renewables, with a potential for expansion in Continental Europe, in a way that none of the units are able to alone.
Merging this business with the Volue group will release operational synergies, further accelerating profitable growth.

ARR 80% EBITDA 24%