Loiste Holding

Loiste Holding is a Finnish energy company whose roots in the Kainuu region stretch back more than a hundred years. The group operates across three core business areas: electricity distribution, heat (district heating) and electricity generation. Its mission is to ensure that everyday life runs safely, taking local conditions into account, and to provide responsible and reliable energy infrastructure for the people of Kainuu. The company employs more than 50 energy professionals who work closely with an extensive partner network. Its operations are local and customer-oriented, with services including electricity and district heating connections, outage reporting, an electricity outage map, billing and energy-saving advice. Loiste also maintains a whistleblowing channel and provides information to the media. Loiste Holding is the parent entity of the Loiste group, which includes operating companies such as Loiste Oy and Loiste Lämmö. In 2026, Mika Paloranta was appointed as the new CEO of Loiste Oy. The group's customer service is provided jointly by Kajaven and Loiste Lämmö, reflecting its cooperative approach within the Kainuu energy sector. As a regional energy group, Loiste focuses on building and maintaining a safe electricity network that lasts and supports the transition towards cleaner energy production. Its operations are deeply embedded in the local community, and its brand promise emphasises responsibility, local presence and collaboration with customers.

Loiste's roots in the Kainuu region of Finland go back more than a hundred years. Over that time, the company has evolved into a regional energy group with three main business areas: electricity distribution, heat (district heating) and electricity generation. The group operates through entities such as Loiste Oy and Loiste Lämmö, and its customer service is provided in cooperation with Kajaven. The company describes itself as a Finnish energy company with over a century of experience, strongly rooted in Kainuu. Its core mission is to ensure that everyday life runs safely, taking local conditions into account, and to provide responsible and reliable energy infrastructure for all people in Kainuu. It builds and maintains a safe electricity network designed to last and to support the transition towards cleaner energy production. In 2026, Loiste Oy announced a change in management: Mika Paloranta was appointed as the new CEO. The group continues to employ more than 50 energy professionals who work closely with a broad partner network. Its operations remain local and customer-focused, offering services such as electricity and district heating connections, outage reporting, an electricity outage map, billing, forms and energy-saving advice. Loiste also maintains a whistleblowing channel and provides information to the media.

• Mika Paloranta appointed as new CEO of Loiste Oy.

Responsible, local and collaborative energy provider rooted in Kainuu.

• Electricity distribution

  Building and maintaining a safe electricity network that lasts and supports the transition to cleaner energy production.

• District heating

  Heat business providing district heating services and connections.

• Electricity generation

  Electricity production as one of the core business areas.

1. 1Etusivu – Loisteloiste.fi
2. 2Loiste Holding - Wikidatawikidata.org