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distributes electricity and maintains, repairs and builds a weatherproof electricity network for its 690,000 customers in South, Southwest and West
Finland, as well as in the city of Joensuu, the sub-region of Koillismaa and Satakunta. Caruna is responsible for about a fifth of Finland's electricity
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In 2019, a total of 3,800 kilometres (2,400 mi) of electricity network was placed underground, where it is protected from the fluctuating weather conditions. The cabling rate is 56 per cent of the network. In 2019, the company distributed electricity to its customers with a reliability rate of
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Caruna includes two separate network companies. Caruna Espoo Oy operates in urban areas with a high cabling rate and a high number of customers to share the expenses per metres of network. Caruna Oy operates mainly in rural, sparsely populated, areas where their amount of network to be maintained,
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Caruna was founded in 2014, but its story really began in 1912 in a place called Karuna where a new electricity company started out. Caruna has approximately 300 employees and contracts 1,000 additional workers across
Finland. Caruna's operations are regulated by the
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In 2017 Caruna turnover was €145 million and state tax rate 4% (€6 million). In 2017 Caruna paid its stakeholders 8.17% interest (77 million) while market loans were 1.5–3 % interest. Company interest cost were reduced from the taxable income based on
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In 2022 the net sales amounted to EUR 484 million. Caruna paid a total of EUR 6.3 million in corporation tax in 2022. Caruna invested 127 million on building a reliable, weatherproof electricity network.
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built and repaired is high. The length of the network is 168 metres per customer in Caruna Oy's area. In Caruna Espoo Oy's area, the corresponding number is 36 metres per customer.
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Caruna is owned by
Finnish employment pension companies Elo (7.5%), as well as international infrastructure investors KKR (40%), OTPP (40%) and AMF (12,5%).
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99.99 per cent. The newest substation is in
Suurpelto, Espoo and it takes care of the electricity supply for the 20,00 customers in the area.
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Content in this edit is translated from the existing
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The length of electricity network in total is 87,370 kilometres (54,290 mi).
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Electric power distribution network operators in
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