Heatly
Owns and maintains ground-source and hybrid heating plants for property owners in Finland under long-term service contracts
Highlights
- New on EvolcAdded 2026-11-03
About Heatly
Heatly Oy owns heating plants and supplies them to property owners under a heating-as-a-service model. Its ground-source heat pump and hybrid heat power plant solutions are delivered with partners. The customer receives a system without an upfront investment and Heatly handles maintenance, repairs and operation for the length of the contract.
Customers are property owners, with installations ranging from row houses to small industrial buildings. Revenue comes from long-term contracts, typically 20 to 30 years, with predictable heating costs. An optional ground-source heat price hedge can be added. St1 Lähienergia Oy is the sales and sizing partner for the heat plants, and Heatly also owns St1 district heating plants.
Heatly is a subsidiary of Loviisan Lämpö Oy. Its parent is owned by the CapMan Nordic Infrastructure I fund, which finances its investments. The company was founded in 2021 and is based in Loviisa. It reports just over 140 heating systems in operation across Finland.
Product: Heat-as-a-service: ground-source heat pump and hybrid heat power plants supplied and maintained under long-term contracts.
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