In the financial report for Helen covering April to June 2024, consolidated net sales decreased compared to the previous year, while operating profit showed a significant improvement. The company attributed this increase in profitability to investments in clean energy production to replace fossil energy sources. The focus on the green transition of district heating was highlighted by a 5% reduction in the price of district heating for Helsinki residents, made possible by investments in clean energy. Investments in an air-to-water heat pump plant and two electric boilers were announced to phase out coal by spring 2025. Despite a decrease in net sales due to lower electricity market prices, Helen reported profitability in district heating after years of operating at a loss. The company is committed to achieving carbon-neutral energy production by 2030 and plans to phase out combustion by 2040, with investments exceeding EUR 600 million in clean energy. Additionally, Helen inaugurated a wind farm and announced the construction of a green hydrogen production plant, aligning with its strategy of exploring renewable energy sources for large-scale hydrogen production.