DLA Piper has advised Finnish private equity investor MB Funds on its investment in Pohjolan Energia Oy, the leading small-scale solar energy system provider in Finland.

MB Funds becomes partner and majority shareholder of Pohjolan Energia Oy to support the company’s growth and international expansion. The current owners continue in key management roles and as significant shareholders in the company.

Pohjolan Energia operates nationwide and provides rooftop solar energy systems as a turnkey solution through its 15 sales offices. The company employs more than 150 solar energy professionals and has reached €20 million net sales level. The company has grown rapidly driven by the increasing demand for solar.

The DLA Piper team was led by Helsinki-based Corporate partner Ilkka Liljeroos, assisted by senior associate Daniela Hallvar and Tax counsel Jaakko Klemettilä.