Avance advised Skandinaviska Enskilda Banken AB (publ) in relation to financing arrangements for Outokummun Energia Oy in connection with the purchase by Aberdeen Standard Investments of a majority stake in the company from the City of Outokumpu. Outokummun Energia Oy is a regional energy business with a central role in the City of Outokumpu and with a history dating back to 1910.