Helsinki Sports Facility Group Locks In €2.2 Million Electricity Deal Through 2031
Urheiluhallit
Oy and five affiliated Helsinki sports and service facility companies have
jointly awarded a spot-price electricity supply contract worth €2.2 million to
Mind Energy Oy, covering swimming halls, sports halls and service buildings
across the city from 2028. The four-year deal, with an option for a further
year, was won on the strength of the lowest combined brokerage fee and
price-fixing margin among four competing tenders.
Introduction
Keeping the
lights on and the pools heated at a city's sports and swimming halls depends,
ultimately, on a steady electricity supply bought at a competitive price. In
Helsinki, that responsibility for six affiliated public facility companies now
sits with Mind Energy Oy, after Urheiluhallit Oy led a joint procurement on
behalf of itself and five partner organisations for a new electricity supply
contract running from 2028.
It is not a
headline infrastructure project, but it is the kind of contract that keeps
municipal sports facilities, swimming centres and service buildings operating,
and it shows how Finnish public bodies pool electricity purchasing to secure
better terms than any one of them could negotiate alone.
Why This Contract
Matters
Urheiluhallit
Oy and its partner companies, Mäkelänrinteen uintikeskus Oy, Vuosaaren
Urheilutalo Oy, Kiinteistö Oy Helsinginkatu 25, Kontulan Palvelutalo Oy and
Töölön Urheilu- ja Terveystalo Oy, each operate premises with meaningful
electricity demand, from swimming pools to sports halls, but individually would
carry limited weight in the wholesale electricity market. By running a single
joint procurement, the group aggregates its demand into one contract covering
nine separate delivery points across Helsinki.
For the
supplier, that means one competitive process opens access to six affiliated
public bodies at once. For the buyers, it means access to spot-price
electricity with a price-fixing option, and brokerage terms, that a single
small facility company would be unlikely to secure independently.
Contract Timeline
●
Contract award notice
published: 10 July 2026 (OJ S 131/2026)
●
Winner selected: 12 May
2026
●
Contract concluded: 3
July 2026
●
Coverage start date: 1
January 2028
●
Initial contract term:
48 months
●
Optional one-year
extension decision deadline: 31 March 2030
Contract Overview
Urheiluhallit
Oy, acting as group leader on behalf of itself and five partner companies, ran
an open procedure for the supply of electricity under EU Directive 2014/24/EU,
using Gasum Portfolio Services Oy as its contact point for the tender. The
object of the tender was a spot-price electricity contract with an option to
fix the price, as set out in the procurement documents, which were made
available in Finnish only.
Four tenders
were received for the single lot, and one supplier was selected to serve all
six buyer organisations under a shared, non-framework supply contract. No
framework agreement or dynamic purchasing system was used; the outcome is a
direct contract with Mind Energy Oy.
Key Contract Details
|
Detail |
Information |
|
Group leader / lead
buyer |
Urheiluhallit Oy |
|
Co-buyers |
Mäkelänrinteen uintikeskus
Oy; Vuosaaren Urheilutalo Oy; Kiinteistö Oy Helsingink Toy 25; Kontulan
Palvelutalo Oy; Töölön Urheilu- ja Terveystalo Oy |
|
Winning bidder |
Mind Energy Oy |
|
Contract subject |
Electricity supply, CPV
09310000 |
|
Procedure type |
Open procedure |
|
Legal basis |
EU Directive 2014/24/EU |
|
Estimated value (ex-VAT,
incl. options) |
€2,000,000 – €2,500,000 |
|
Value of contract
awarded |
€2,200,000.00 |
|
Contract duration |
1 January 2028 – 31
December 2031 (48 months, plus optional 1-year extension) |
|
Award criteria |
Delivery brokerage fee 80%
/ MW price-fixing margin 20% |
|
Tenders received |
4 |
|
Framework agreement |
None – direct
single-supplier contract |
|
EU funding |
None disclosed |
|
Covered by GPA |
Yes |
|
Foreign Subsidies
Regulation |
Applies; winner submitted a
standard declaration |
|
Contract signed |
3 July 2026 |
Project Scope
The contract
supplies electricity to nine delivery points across Helsinki, including
Urheiluhallit Oy's own Pasilan Urheiluhalli, Siltamäen Uimahalli and Malmin
Uimahalli (including a separate site-power connection at the latter), as well
as premises operated by Mäkelänrinteen uintikeskus Oy, Vuosaaren Urheilutalo
Oy, Kiinteistö Oy Helsinginkatu 25, Kontulan Palvelutalo Oy and Töölön Urheilu-
ja Terveystalo Oy.
The buyers
estimated the total value of the procurement, including possible option
periods, at between €2,000,000 and €2,500,000 excluding VAT. The initial term
runs for 48 months from 1 January 2028, and the buyer group holds a one-year
extension option that must be exercised, if at all, by 31 March 2030, with the
same contract terms and pricing carried over into any extension period.
The contract
is not run as a framework agreement; a single supplier is contracted directly
to serve all six organisations for the full term.
About the Contracting
Authorities
Urheiluhallit
Oy, the group leader, is a body governed by public law active in recreation,
culture and religion, based in Helsinki. Its five co-buyers are similarly
structured public bodies: Mäkelänrinteen uintikeskus Oy, Vuosaaren Urheilutalo
Oy, Kiinteistö Oy Helsinginkatu 25 and Töölön Urheilu- ja Terveystalo Oy are
active in recreation, culture and religion, while Kontulan Palvelutalo Oy is a
body governed by public law controlled by a local authority, active in economic
affairs. All six share the same procurement contact point, Gasum Portfolio Services
Oy.
About the Winning
Company
Mind Energy
Oy is a large energy company headquartered in Vantaa, Finland. It was selected
as the sole electricity supplier for the joint procurement after submitting the
most competitive combination of delivery brokerage fee and price-fixing margin
among the four tenders received.
Procurement Analysis
Procedure:
An open procedure was used under EU Directive 2014/24/EU, with the tender
documents specifying that if only unsuitable or non-compliant tenders were
received, the buyer group reserved the right to move to a negotiated-style
procedure open to all suitable bidders who had submitted a formally valid
tender.
Competition:
Four tenders were received for the single lot, a reasonable field for a joint
electricity supply contract of this size, with the buyer contracting a single
winning supplier rather than splitting volumes.
Evaluation
criteria: The tender was awarded on price alone, split between two components:
the electricity delivery brokerage fee, weighted at 80%, and the MW
price-fixing margin across SYS, EPAD and HEL products, weighted at 20%. The
comparison price combined both figures, and in the event of a tie, the winner
would first be decided by the lowest brokerage fee, then by the lowest margin,
and finally by lot if still tied.
Foreign
Subsidies Regulation: The procedure falls under the EU's Foreign Subsidy
Regulation, and Mind Energy Oy submitted the required declaration, with the
standard award procedure applied rather than an in-depth review.
Strategic
procurement: The buyer group flagged human rights due diligence in global
supply chains and fair working conditions as social objectives promoted through
this contract.
Additional Procurement
Facts
●
The procedure was not
accelerated, indicating a standard timeline was followed.
●
No framework agreement
or dynamic purchasing system was used; the outcome is a direct, single-supplier
contract.
●
The procurement is not
financed with EU funds.
●
Partial or alternative
tenders were not permitted under the tender rules.
●
Procurement documents
were available in Finnish only, with translation costs for other languages
falling to the tenderer.
●
Disputes or review
requests fall to the Markkinaoikeus (Market Court) in Helsinki.
●
The winning tender was
not formally ranked, consistent with a single-supplier, price-formula-based
award rather than a scored multi-bidder ranking.
Market & Industry
Perspective
Joint
electricity procurement of this kind is a common pattern among Finnish
municipal and public-sector bodies, allowing smaller, related organisations to
combine their demand and negotiate spot-price contracts with fixing options
that would otherwise be reserved for much larger buyers. Six affiliated
Helsinki facility companies pooling their electricity needs into a single
four-year contract reflects that logic directly.
For energy
suppliers, winning this kind of joint contract offers a single competitive
process that unlocks multiple delivery points and long-term, predictable
demand, rather than negotiating separately with each facility operator.
Economic Significance
At an
estimated €2 million to €2.5 million including options, and a confirmed award
value of €2.2 million, the contract is modest by national energy-market
standards, but it directly underwrites electricity supply to swimming halls,
sports halls and service buildings that residents across Helsinki rely on.
Predictable electricity costs over a four-year term also help the buyer group
manage operating budgets for facilities that are often energy-intensive,
particularly swimming centres.
The optional
one-year extension gives both Mind Energy Oy and the buyer group flexibility to
continue the arrangement through 2031 without a new tender, provided the option
is exercised by the March 2030 deadline.
Future Procurement
Opportunities
Should the
buyer group exercise its option, Mind Energy Oy would continue supplying
electricity to all nine delivery points through the end of 2031. Beyond this
specific contract, other Finnish municipal and public-sector bodies operating
similar joint-procurement arrangements are likely to run comparable electricity
tenders on their own cycles, and this Helsinki sports-facility group's
approach, pooling demand across multiple affiliated companies under a single
contract, may serve as a reference point for similar public buyers.
Opportunities for
Suppliers
Electricity
suppliers and brokers active in the Finnish public sector should note that
joint procurements of this kind recur periodically as contract terms expire,
and that competing successfully depends on offering both a low delivery
brokerage fee and a competitive price-fixing margin, the two variables weighted
in this award. Suppliers able to service multiple delivery points across a
metropolitan area, as Mind Energy Oy will for these six organisations, are well
placed to win contracts of this structure.
What Businesses Should
Watch
●
Whether the buyer group
exercises its one-year extension option ahead of the 31 March 2030 deadline.
●
Whether other Finnish
municipal facility groups adopt similar joint-procurement structures for
electricity or other utilities.
●
How Foreign Subsidies
Regulation declarations factor into future public energy tenders as the regime
becomes more established.
TendersOnTime
Procurement Intelligence
This
contract is a useful illustration of how public bodies with related but
formally separate legal structures, six companies across Helsinki's sports and
recreation sector, can combine their purchasing power into a single procurement
rather than each negotiating electricity supply independently. The result is a
single supplier serving nine delivery points under one set of terms, decided on
a transparent, formula-based price comparison rather than a broader
multi-criteria evaluation.
The heavy
weighting toward the delivery brokerage fee, 80% of the comparison price, shows
that for a relatively standardised commodity like electricity, the buyer group
treated the cost of arranging supply as the dominant factor, with the
price-fixing margin as a secondary consideration. That is a fairly common
approach for spot-price energy contracts, where the underlying commodity price
is set by the market rather than negotiated directly between buyer and
supplier.
Supplier Takeaways
●
Joint electricity
procurements among affiliated Finnish public bodies follow a recurring,
multi-year cycle worth tracking for pipeline visibility.
●
Delivery brokerage fee
carried 80% of the award weighting here; suppliers should lead with competitive
fee structures rather than relying on margin alone.
●
Serving multiple
delivery points under a single contract, as required here, favours suppliers
with broad service coverage across a metropolitan area.
●
Foreign Subsidies
Regulation declarations are now a standard part of qualifying for contracts of
this kind.
●
Optional extension
periods can extend supplier revenue certainty a further year beyond the initial
contract term.
Key Takeaways
●
Urheiluhallit Oy and
five partner companies jointly awarded a €2.2 million electricity supply
contract to Mind Energy Oy.
●
The four-year contract
runs from January 2028, with an option for a further year through 2031.
●
Four tenders were
received, evaluated on an 80/20 price formula covering brokerage fee and
price-fixing margin.
●
The contract covers nine
delivery points across Helsinki sports halls, swimming centres and service
buildings.
●
No framework agreement
was used; Mind Energy Oy is contracted directly as the sole supplier.
Conclusion
This is not
a contract that will make national headlines, but it reflects a practical model
for how related public bodies manage a shared operating cost. By pooling
electricity demand across six affiliated Helsinki sports and service facility
companies, Urheiluhallit Oy and its partners secured supply terms through a
single, transparent procurement rather than six separate negotiations. Mind
Energy Oy now carries that supply responsibility for Helsinki's sports halls
and swimming centres from 2028, with the possibility of continuing through
2031.
Frequently Asked
Questions
Q1. Who is buying the electricity in this contract?
Urheiluhallit Oy, acting as group leader, together with five partner
companies: Mäkelänrinteen uintikeskus Oy, Vuosaaren Urheilutalo Oy, Kiinteistö
Oy Helsinginkatu 25, Kontulan Palvelutalo Oy and Töölön Urheilu- ja Terveystalo
Oy.
Q2. Who won the contract?
Mind Energy Oy, a large
Finnish energy company based in Vantaa, was selected as the sole electricity
supplier after submitting the most competitive tender among four received.
Q3. How long does the contract run?
The initial
term is 48 months from 1 January 2028, with an option for the buyer group to
extend by one further year, to be decided by 31 March 2030 at the latest.
Q4.How was the winning supplier chosen?
Tenders
were compared using a price formula combining the electricity delivery brokerage
fee (weighted 80%) and the MW price-fixing margin for SYS, EPAD and HEL
products (weighted 20%).
Q5. Is this contract funded by the EU?
No. The
procurement is not financed with EU funds, though it follows EU Directive
2014/24/EU, is covered by the WTO's Government Procurement Agreement, and falls
under the EU's Foreign Subsidy Regulation.
Source: EU Official Journal, Contract Award Notice 476289-2026-EN, OJ S 131/2026, published 10 July 2026.
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