Company & press releases

The divestment is driven by St1’s strategic decision to further strengthen its focus on advancing the energy transition in transport as well as exploring opportunities offered by the power market. St1 is directing its investments in the transport sector toward solutions that support the electrification of road transport, the growing role of biogas in heavy-duty road transport and marine transport, as well as the use of biofuels in aviation. Geothermal heating solutions are at the core of Geonova’s business, and the expertise of St1 Lähienergia fits naturally into this overall offering.