Royal visit highlights landmark river restoration in northern Finland

27/8/26
2 min
News

On 27 August, King Carl XVI Gustaf of Sweden visited the Tengeliönjoki river in northern Finland to view the results of one of Europe's largest freshwater restoration projects, TRIWA LIFE. During the visit, the King officially opened the new fishway at Portimokoski alongside Finnish ministers and regional leaders, highlighting the importance of restoring river connectivity and supporting biodiversity across the Torne River watershed.

The Portimokoski fishway represents an important step in restoring fish migration within the Tengeliönjoki river system. Together with the Haapakoski fishway, it is expected to open approximately 970 kilometres of free-flowing river habitat to migratory fish, re-establishing natural migration routes that have been inaccessible for more than 100 years.

For Downing, the project demonstrates how renewable energy infrastructure and environmental restoration can work together to support a more sustainable future. Following our acquisition of Tornionlaakson Voima, which owns three hydropower plants within the Tengeliönjoki river basin, we have become a long-term stakeholder in a region where clean energy production and ecological restoration are being persued alongside one and other.  

We recognise the importance of initiatives that strengthen the health and resilience of the ecosystems in which we operate. Within the Tengeliönjoki river system, restoration measures such as the new fishways are helping to reconnect aquatic ecosystems across the catchment.

As a long-term owner of renewable energy assets across the Nordic region, we believe responsible stewardship means looking beyond power generation alone. It means understanding the local environment, supporting sustainable outcomes and working alongside communities and stakeholders to ensure that renewable energy and healthy ecosystems can thrive together.

The King's visit was a reminder of the international significance of the work underway in the Torne River basin and the positive role that long-term investment can play in supporting the future of these remarkable landscapes.

Tom Williams, Head of Energy & Infrastructure at Downing, spoke at the event.
"Projects like Portimokoski fishway show what's possible when long-term investment, local partnership and environmental restoration come together." Tom Williams stated.

To find out how Downing is making investments that matter through renewable energy infrastructure, while supporting environmental stewardship and long-term sustainable outcomes, please get in touch with our Energy & Infrastructure team.

Contents
See full contents

On 27 August, King Carl XVI Gustaf of Sweden visited the Tengeliönjoki river in northern Finland to view the results of one of Europe's largest freshwater restoration projects, TRIWA LIFE. During the visit, the King officially opened the new fishway at Portimokoski alongside Finnish ministers and regional leaders, highlighting the importance of restoring river connectivity and supporting biodiversity across the Torne River watershed.

The Portimokoski fishway represents an important step in restoring fish migration within the Tengeliönjoki river system. Together with the Haapakoski fishway, it is expected to open approximately 970 kilometres of free-flowing river habitat to migratory fish, re-establishing natural migration routes that have been inaccessible for more than 100 years.

For Downing, the project demonstrates how renewable energy infrastructure and environmental restoration can work together to support a more sustainable future. Following our acquisition of Tornionlaakson Voima, which owns three hydropower plants within the Tengeliönjoki river basin, we have become a long-term stakeholder in a region where clean energy production and ecological restoration are being persued alongside one and other.  

We recognise the importance of initiatives that strengthen the health and resilience of the ecosystems in which we operate. Within the Tengeliönjoki river system, restoration measures such as the new fishways are helping to reconnect aquatic ecosystems across the catchment.

As a long-term owner of renewable energy assets across the Nordic region, we believe responsible stewardship means looking beyond power generation alone. It means understanding the local environment, supporting sustainable outcomes and working alongside communities and stakeholders to ensure that renewable energy and healthy ecosystems can thrive together.

The King's visit was a reminder of the international significance of the work underway in the Torne River basin and the positive role that long-term investment can play in supporting the future of these remarkable landscapes.

Tom Williams, Head of Energy & Infrastructure at Downing, spoke at the event.
"Projects like Portimokoski fishway show what's possible when long-term investment, local partnership and environmental restoration come together." Tom Williams stated.

To find out how Downing is making investments that matter through renewable energy infrastructure, while supporting environmental stewardship and long-term sustainable outcomes, please get in touch with our Energy & Infrastructure team.

We are delighted to announce that Mark Gross, Partner and Head of Development Capital, has been named Equity Investor of the year at the HealthInvestor Power List 2024 Awards.

Following Mark’s achievement last year when he won the “Leading Investor” award at HealthInvestor’s Power50, this year’s win further highlights his continued success and expertise in investing across the healthcare sector. 

The judges praised Mark for finding success both in value and volume this year, delivering good returns and growth. They were impressed by how Mark has continued to strengthen a strong track record with further growth in the team and new funds securing further backing. We extend our thanks to Mark and the Downing Development Capital team for their continued dedication and support in expanding our healthcare investment activities with a focus on quality, performance and reputation. 

Congratulations Mark!

Development Capital  

Downing Development Capital is an award-winning investor focused on investment opportunities into asset-backed operating businesses with downside protection. Typical sectors they invest in include healthcare, specialist education, hospitality, leisure and IT infrastructure.

Learn more about our Development Capital team

On 27 August, King Carl XVI Gustaf of Sweden visited the Tengeliönjoki river in northern Finland to view the results of one of Europe's largest freshwater restoration projects, TRIWA LIFE. During the visit, the King officially opened the new fishway at Portimokoski alongside Finnish ministers and regional leaders, highlighting the importance of restoring river connectivity and supporting biodiversity across the Torne River watershed.

The Portimokoski fishway represents an important step in restoring fish migration within the Tengeliönjoki river system. Together with the Haapakoski fishway, it is expected to open approximately 970 kilometres of free-flowing river habitat to migratory fish, re-establishing natural migration routes that have been inaccessible for more than 100 years.

For Downing, the project demonstrates how renewable energy infrastructure and environmental restoration can work together to support a more sustainable future. Following our acquisition of Tornionlaakson Voima, which owns three hydropower plants within the Tengeliönjoki river basin, we have become a long-term stakeholder in a region where clean energy production and ecological restoration are being persued alongside one and other.  

We recognise the importance of initiatives that strengthen the health and resilience of the ecosystems in which we operate. Within the Tengeliönjoki river system, restoration measures such as the new fishways are helping to reconnect aquatic ecosystems across the catchment.

As a long-term owner of renewable energy assets across the Nordic region, we believe responsible stewardship means looking beyond power generation alone. It means understanding the local environment, supporting sustainable outcomes and working alongside communities and stakeholders to ensure that renewable energy and healthy ecosystems can thrive together.

The King's visit was a reminder of the international significance of the work underway in the Torne River basin and the positive role that long-term investment can play in supporting the future of these remarkable landscapes.

Tom Williams, Head of Energy & Infrastructure at Downing, spoke at the event.
"Projects like Portimokoski fishway show what's possible when long-term investment, local partnership and environmental restoration come together." Tom Williams stated.

To find out how Downing is making investments that matter through renewable energy infrastructure, while supporting environmental stewardship and long-term sustainable outcomes, please get in touch with our Energy & Infrastructure team.

No items found.

Torsten Mack, Investment Director at Downing, said:

"We are proud to support this exceptional management team, whose strong track record positions them well to build a new business in dementia care. This needs-based sector is underpinned by a lack of quality supply and we are investing in Fortava Healthcare to set and deliver high standards, and to help make a difference."

Johann van Zyl, CEO at Fortava, added:

"I’m thrilled to be working with Jamie, as we share the same values. We plan to grow Fortava into a leading provider of dementia care over the next five to seven years. But growth isn’t our primary focus—our goal is to deliver outstanding care and foster a joyful, supportive environment for both residents and staff. We’re delighted to be partnering with Downing who also share our values and we look forward to this journey with them."

Jamie Stuart, CFO at Fortava, commented:

“For me, it's about being more than just another care home provider. While dementia care in the UK is generally of a good standard, we want to set ourselves apart with a fresh approach. That’s why, after over 25 years in banking, I chose to partner with Johann and Downing on this venture.”

On 27 August, King Carl XVI Gustaf of Sweden visited the Tengeliönjoki river in northern Finland to view the results of one of Europe's largest freshwater restoration projects, TRIWA LIFE. During the visit, the King officially opened the new fishway at Portimokoski alongside Finnish ministers and regional leaders, highlighting the importance of restoring river connectivity and supporting biodiversity across the Torne River watershed.

The Portimokoski fishway represents an important step in restoring fish migration within the Tengeliönjoki river system. Together with the Haapakoski fishway, it is expected to open approximately 970 kilometres of free-flowing river habitat to migratory fish, re-establishing natural migration routes that have been inaccessible for more than 100 years.

For Downing, the project demonstrates how renewable energy infrastructure and environmental restoration can work together to support a more sustainable future. Following our acquisition of Tornionlaakson Voima, which owns three hydropower plants within the Tengeliönjoki river basin, we have become a long-term stakeholder in a region where clean energy production and ecological restoration are being persued alongside one and other.  

We recognise the importance of initiatives that strengthen the health and resilience of the ecosystems in which we operate. Within the Tengeliönjoki river system, restoration measures such as the new fishways are helping to reconnect aquatic ecosystems across the catchment.

As a long-term owner of renewable energy assets across the Nordic region, we believe responsible stewardship means looking beyond power generation alone. It means understanding the local environment, supporting sustainable outcomes and working alongside communities and stakeholders to ensure that renewable energy and healthy ecosystems can thrive together.

The King's visit was a reminder of the international significance of the work underway in the Torne River basin and the positive role that long-term investment can play in supporting the future of these remarkable landscapes.

Tom Williams, Head of Energy & Infrastructure at Downing, spoke at the event.
"Projects like Portimokoski fishway show what's possible when long-term investment, local partnership and environmental restoration come together." Tom Williams stated.

To find out how Downing is making investments that matter through renewable energy infrastructure, while supporting environmental stewardship and long-term sustainable outcomes, please get in touch with our Energy & Infrastructure team.

Please fill out the form to download the full report

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Sign up to stay up to date with the latest insights and investment opportunities
Learn more

Related Insights

View all
No items found.

Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.

VAT Number: 112 940 149