Fingrid () Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 558

Employees

  • Latest Deal Type
  • Debt

  • Financing Rounds
  • 6

  • Investments
  • 2

Fingrid () General Information

Description

Provider of electricity transmission services. The company transmits electricity to distribution network and industrial companies through transmission lines.

Contact Information

Website
www.fingrid.fi
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Läkkisepäntie 21
  • 00620 Helsinki
  • Finland
+358 03
Primary Industry
Electric Utilities
Corporate Office
  • Läkkisepäntie 21
  • 00620 Helsinki
  • Finland
+358 03

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Fingrid () Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Fingrid () Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of electricity transmission services. The company transmits electricity to distribution network and industrial
Electric Utilities
Helsinki, Finland
558 As of 2024

Stuttgart, Germany
 

Espoo, Finland
 
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Fingrid () Competitors (5)

One of Fingrid ()’s 5 competitors is TransnetBW, a Corporate Backed or Acquired company based in Stuttgart, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TransnetBW Corporate Backed or Acquired Stuttgart, Germany
Caruna Private Equity-Backed Espoo, Finland
Exelon Corporation Chicago, IL
Gasgrid Finland Private Debt Financed Espoo, Finland
TenneT Private Debt Financed Arnhem, Netherlands
You’re viewing 5 of 5 competitors. Get the full list »

Fingrid () Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fingrid () Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Fingrid () Investments (2)

Fingrid ()’s most recent deal was a Corporate Asset Purchase with Lestijärvi Electricity Network (55-Kilometer Section of 400-Kilovolt Transmission Line Connection). The deal was made on 29-Jan-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Lestijärvi Electricity Network (55-Kilometer Section of 400-Kilovolt Transmission Line Connection) 29-Jan-2025 Corporate Asset Purchase Other Energy
Estlink 1 27-Nov-2013 Corporate Asset Purchase Buildings and Property
To view Fingrid ()’s complete investments history, request access »

Fingrid () FAQs

  • When was Fingrid () founded?

    Fingrid () was founded in 1996.

  • Where is Fingrid () headquartered?

    Fingrid () is headquartered in Helsinki, Finland.

  • What is the size of Fingrid ()?

    Fingrid () has 558 total employees.

  • What industry is Fingrid () in?

    Fingrid ()’s primary industry is Electric Utilities.

  • Is Fingrid () a private or public company?

    Fingrid () is a Private company.

  • What is Fingrid ()’s current revenue?

    The current revenue for Fingrid () is .

  • How much funding has Fingrid () raised over time?

    Fingrid () has raised $1.11B.

  • Who are Fingrid ()’s investors?

    Fortum and Pohjolan Voima have invested in Fingrid ().

  • Who are Fingrid ()’s competitors?

    TransnetBW, Caruna, Exelon, Gasgrid Finland, and TenneT are competitors of Fingrid ().

  • When was Fingrid () acquired?

    Fingrid () was acquired on 01-Mar-2024.

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