Varma Mutual Pension Insurance Company co-invests €15M alongside OP Finland Infrastructure LP in Aspo's ESL Shipping, bringing total investment to €45M.

Varma Mutual Pension Insurance Company has agreed to co-invest €15 million with OP Finland Infrastructure LP in Aspo's subsidiary, ESL Shipping. This co-investment will bring the total investment in ESL Shipping to €45 million. The funds will be raised by issuing new shares, giving Varma and OP Finland Infrastructure a combined ownership stake of 21.43%. The investment aims to support ESL Shipping's low-carbon growth strategy and its commitment towards a green transformation, leading the company towards fossil-free sea transportation in the future.

February 08, 2024
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