Caruna is the largest company dedicated to the distribution of electricity in Finland. Caruna’s share of the local electricity distribution market is approximately 20 per cent. They provide power to 672,000 private and corporate customers in the regions of Uusimaa, Häme, Southwest Finland, Satakunta, Ostrobothnia, South and North Ostrobothnia, Lapland and in the city of Joensuu. Caruna’s electrical network is 85,000 kilometres long and would stretch twice around the earth.
Caruna was founded in 2014, but its story really began in 1912 in a place called Karuna where a new electricity company started out. Our experience in electricity distribution spans for more than a 100 years. They make sure that electricity flows so that our customers can go about their daily lives. You can make your morning coffee, enjoy traditional Finnish sauna at Christmas, message your loved ones and read bedtime stories in the light of a reading lamp. They share positive energy.
Above all, they strive to secure an uninterrupted electricity supply and continuously improve our electricity network. Thanks to these efforts, our customers can, for example, generate electricity for their own use and sell the surplus through our network.
Caruna has approximately 280 employees and directly contracts 2,000 additional workers across Finland. They invest roughly two hundred million euros in our electrical network every year. Caruna’s operations are regulated by the Finnish Energy Authority, in charge of monitoring the electricity network business in Finland.
Caruna is owned by Finnish employment pension companies Elo (7.5%) and Keva (12.5%), as well as international infrastructure investors OMERS Infrastructure (40%) and First State Investments (40%).