UPM Energy
Generates CO2-free electricity in Finland and trades physical and financial electricity on Nord Pool markets
Highlights
- New on EvolcAdded 2026-11-03
About UPM Energy
UPM Energy is an independent business unit of the UPM Group that generates zero-carbon electricity from its own and co-owned hydro, thermal and nuclear power plants. Its total generation capacity is 1,900 MW, and the company also offers solutions supporting the decarbonisation of the energy system and the electrification of society.
The company sells electricity in the Nord Pool market and optimises its generation capacity to match daily market needs. It also trades energy derivatives in financial markets and runs an energy market analysis team that produces price forecasts for electricity trading and consumption optimisation. Its operations draw on an understanding of industrial electricity consumption.
UPM Energy is headquartered in Helsinki and describes itself as the second-largest electricity producer in Finland, with over 100 years of experience. The company has 86 employees and reports sales of 615 EURm and comparable EBIT of 151 EURm.
Product: Electricity generation from hydro, thermal and nuclear assets, plus physical and financial electricity portfolio management and energy market analysis.
Public tenders won
1 tender won since 1 Jan 2024 from 1 public buyer in Finland, worth €35.0M as awarded. From EU award notices (TED) that name UPM Energy by its registry number.
- 3 Jul 2025 HUS-yhtymä · Sähkön johdannaiset · €35.0M notice
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Website technologies
Tools and platforms detected on this company’s website, grouped by purpose. Dates record when Evolc observed them.
Analytics
- Google Tag ManagerMedium confidence
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- Integration code on pageinline script loader
Backend
- ASP.NETMedium confidence
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- Page markupsoftware structure signature
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Content delivery
- CloudflareHigh confidence
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- Response headerserver
- Response headerserver
- Response headerserver
Website detection does not establish a paid subscription or company-wide use. Tools loaded after consent or sign-in may be missed. “No longer observed” does not prove the company stopped using a tool.