
Geonova is your partner for energy-as-a-service solution
Geonova is a Finnish energy operator providing geothermal heating and other heat pump solutions as a service to companies, housing associations and the public sector.
We exist to help large properties to switch to renewable and emission-free energy as easily as possible - without any initial investment of their own.
We make the investment on behalf of the customer and take care of everything - design, installation, energy production and ongoing optimisation of the system. The customer gets all the benefits of geothermal heating for a monthly fee: reduced energy costs, energy independence, significant emission reductions and increased property value.
Clean energy is the future
Geothermal energy is solar energy stored in the bedrock. Solar energy is the only natural resource that will never run out. We believe that in the future, combustion-based energy production will be largely replaced by emission-free forms of energy such as heat pumps, solar energy and wind power. This is the change we at Geonova want to contribute to with our service.
Geonova's service is an excellent way to meet the increasingly stringent emission reduction and sustainability requirements. At the same time, you will be contributing to the green transition and working to ensure that future generations will also have the conditions for a good life on earth.
We have the strongest back-up teams on the market
Geonova is owned by CBRE Investment Management and LämpöYkkönen
Geonova is owned by CBRE Investment Management and LämpöYkkönen. Geonova is a bold innovator with the vision, experience and motivation to reform the energy market. We also have a carefully selected and first-class network of partners.
Global leading real assets investment manager
CBRE Investment Management
Finland's leading heat pump expert
LämpöYkkönen

Geonova in figures
We are a growth-oriented company with a team of experienced and skilled experts.
30
experts
200+
years of experience in the energy sector
2000+
heat pump projects
2
sites
2022
established
Geonova's Management Team
Geonova's Board of Directors

Vesa Tempakka
Chair of the Board
Vesa Tempakka is a seasoned board professional with a strong international track record in the industrial and energy sectors. He has held CEO positions at Neova Group (formerly Vapo) and Kekkilä-BVB, and has served in global leadership roles at companies such as the Tetra Laval Group.
Vesa specializes in change management and strategic value creation—core themes that define his leadership approach.

Kerron Lezama
Managing Director, Infrastructure Investments
CBRE Investment Management
Kerron Lezama is responsible for sourcing and executing direct equity investments across Europe, as well as supporting the development of infrastructure investment strategies.
Kerron has been active in the Finnish energy sector since 2018, working on a number of investments in the district heating and electricity DSO sectors.

Veli-Matti Hautakoski
Managing Director
LämpöYkkönen
Veli-Matti Hautakoski is the founder of LämpöYkkönen, which he has grown into Finland’s leading heat pump expert in under 20 years. He brings a customer-driven mindset and deep expertise in renewable energy solutions to both business and consumer markets.
In addition to his role at LämpöYkkönen, Veli-Matti serves on several company boards and is a board member of the Finnish Heat Pump Association (SULPU).