Wärtsilä – Investment in Soletair Power

We advised Wärtsilä in their investment in Soletair Power Oy, a Finland-based startup company operating in the field of Power-to-X. The investment is part of Wärtsilä’s continued effort to invest in a 100% renewable energy future.

Soletair Power Oy has developed a unique concept to improve air quality in buildings by capturing carbon dioxide (CO2) and converting it into synthetic renewable fuel. Soletair Power’s concept represents an important step towards carbon neutral societies.

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2018, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.