Private company

Helen

Logo: Helen Oy official website, Non-free logo, via Wikipedia4

Finnish energy company

Helen Oy, stylized as HELEN, formerly known as Helsingin Energia (Finnish) and Helsingfors Energi (Swedish), is one of the largest energy companies in Finland. The company, founded in 1909 produces and sells electricity, district heating and district cooling. Helen is headquartered in the Sähkötalo building in central Helsinki.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1909Founded1
  • HeadquartersHelsinki1
  • Websitewww.helen.fi
  • Legal formosakeyhtiö1
  • LEI743700CXEJT6NFCEFH103
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressN/A, FI-00090 Helen, Finland3
  • Registered withFinnish Patent and Registration Office, 2630573-43

Helen Oy, stylized as HELEN, formerly known as Helsingin Energia (Finnish) and Helsingfors Energi (Swedish), is one of the largest energy companies in Finland. The company, founded in 1909 produces and sells electricity, district heating and district cooling.2

Corporate structure

Helen is part of a group headed by Helsinki. 22 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Helsinki Helsingin Kaupunki, Finland
    • Helen 100% · Helsinki, Finland
      • Helen Sähköverkko 100% · Helsinki, Finland
      • Mankala 100% · Helen, Finland
      • Kalistanneva Holding Oy Subsidiary · 60% · Helsinki, Finland
        • Tuulipuisto Kalistanneva Oy Subsidiary · 100% · Helsinki, Finland
      • Tuulipuisto Lakiakangas 3 Oy Subsidiary · 60% · Helen, Finland
      • Jokituuli Holding Oy Subsidiary · 51% · Helen, Finland
      • Niinimäki Holding Oy Subsidiary · 51% · Helen, Finland
    • Helsinki City Transport Subsidiary · Helsinki
    • Metropolitan Area Transport Ltd Subsidiary · Vallila tram depot
    • Port of Helsinki Subsidiary
      • Kantvik Harbour Subsidiary · Kirkkonummi, Finland
    • Helsingin Asumisoikeus Oy Subsidiary · 100% · Helsinki, Finland
    • Helsingin Väylä Oy Subsidiary · 100% · Helsinki, Finland
    • Kiinteistö Oy Auroranlinna Subsidiary · 100% · Helsinki, Finland
    • Kiinteistö Oy Helsingin Toimitilat Subsidiary · 100% · Helsinki, Finland
    • Kiinteistö Oy Kaapelitalo Subsidiary · 100% · Helsinki, Finland
    • Kiinteistöosakeyhtiö Helsingin Sähkötalo Subsidiary · 100% · Helsinki, Finland
    • Pääkaupunkiseudun Kaupunkiliikenne Oy Subsidiary · 99.4% · Kaupunkiliikenne, Finland
    • Social Services, Health Care and Rescue Services Division of the City of Helsinki Subsidiary · Finland
    • Bolt Arena Owned · Helsinki, Finland
    • Eläintarha Stadium Owned · Helsinki, Finland
    • Helsinki City Museum Owned · Helsinki, Finland
    • House of Govinius Owned · Helsinki, Finland
    • Koskela Church Owned · Helsinki, Finland
    • Lauttasaari water tower Owned · Helsinki, Finland
    • Suursuo Hospital Owned · Helsinki, Finland
    • Yrjönkatu Swimming Hall Owned · Helsinki, Finland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

The first electricity company in Helsinki was founded in 1884. Several energy companies were established over the following twenty years, each capable of producing enough electricity to power only a few city blocks.

Helsingin kaupungin sähkölaitos (electricity works of the City of Helsinki) was established in 1909. Every small electricity company in Helsinki was transferred to the ownership of the city. During this period a large power plant was constructed in the Suvilahti neighborhood of Sörnäinen in Helsinki. Since 1953 this power plant has produced district heating in addition to electricity.

In 1977 the company was merged with the coal gas-producing Helsingin kaupungin kaasulaitos (gas works of the City of Helsinki). The new works was named Helsingin kaupungin energialaitos (energy works of the City of Helsinki).

Later the production of coal gas was ceased, and the gas pipes were sold to a company called Helsinkikaasu, which started to provide natural gas.

In 1995 the name of the company was changed to Helsingin Energia. In 2015, the company was restructured as a limited company and renamed Helen Oy.

From Wikipedia’s article on Helen Oy, shared under CC BY-SA 4.0.5

Products and brands

District heating production

In 1953 Helsingin Energia started to produce district heating. Nowadays over 90% of apartments in Helsinki use district heating.

Helsingin Energia is the biggest company in Finland to sell district heating.

Electricity production

The company sells electricity to over 1,000,000 customers around Finland. Approximately 74% of the electricity is produced in power plants located in Helsinki.

From Wikipedia’s article on Helen Oy, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

Subsidiaries (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Aug 7, 2014Parent Directly consolidated by Helsinki3
  2. 1909Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7