Infrastructure
| Sector | Infrastructure |
| Sub-sector | Utilities |
| Location | EMEA |
Elenia, Finland’s second largest energy distribution network serving more than 440,000 customers2, is enhancing the resilience of its network to mitigate electricity supply disruption caused by extreme weather events, such as storms, thunderstorms and heavy snow loads.
Placing cables underground can help avoid significant damage, reducing the risk of power outages caused by adverse weather events. This approach also lessens the need for extensive vegetation management, as the risk of falling trees impacting power infrastructure is minimised. In many cases, Elenia has coordinated its underground cabling upgrade with the installation of streetlight and optical fibre cables, aiming to reduce costs and increase the availability of reliable telecommunications services for local residents.
During the same period, Elenia’s investment in the clean energy transition has grown across Finland, supporting nearly one-fifth of all wind power in Finland and more than 18,500 solar power plants.4 This is expected to double over the next ten years, with much of this additional capacity being supported by new underground cabling.5
MAM has further supported the execution of these initiatives by sharing workplace health and safety best practice from across its portfolio, including launching Project Tuisku aimed at improving safety culture. Given the inherent risks of working with power lines - especially in challenging terrain such as forests - a strong safety culture helps ensure project initiatives are done safely and efficiently.
Outcome
With support of the MAM-led consortium, additional capital expenditure has lifted the underground cabling rate from 41 per cent at acquisition to 65.1 per cent at the end of 2024.7
With the goal to increase the underground cabling rate to 90 per cent by 2036, in the past year Elenia installed more than 1,200 kilometres of new underground cables across its low and medium-voltage network, continuing its effort to create a more resilient and secure energy future.
underground cabling rate of Elenia’s network8
to increase the network underground cabling rate by 20369
of new underground cable laid across Elenia’s low and medium-voltage network in 202410
of debt facilities have been provided by MAM to local invested in weatherproofing its network11
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