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Tomi Tervo

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At a glance

Full Name
Tomi Martti Kristian Tervo
Title
Investment Director, Solar Energy (Korkia)
Firm
Korkia (Korkia Oy / Korkia Group)
Firm Type
Finnish renewable-energy and impact investment group (utility-scale clean-energy investor and developer; not a classic startup angel/seed fund — see note below)
Investment Stage
Development- to ready-to-build / utility-scale renewable energy projects (project-level / infrastructure investing)
Sector Focus
Renewable energy — primarily utility-scale solar PV, plus storage and broader clean-energy generation
Geographic Focus
Europe, focused on Korkia's solar investments outside Finland — notably Spain, Italy, Greece and the UK
Location
Based in Spain (Finnish national, born January 1981)

Background

Tomi Tervo is a Finnish investment professional who works with the solar and renewable-energy investments of Korkia, a Helsinki-based clean-energy investor and developer (registered office: Keskuskatu 8b, 00100 Helsinki). He is identified on his own LinkedIn profile and in industry press as Investment Director, Solar Energy, and Korkia's own site describes his remit as working with "Korkia's solar investments outside of Finland." UK company records list him as Tomi Martti Kristian Tervo, born January 1981, a Finnish national resident in Spain — consistent with his work on Korkia's Spanish solar pipeline.

Korkia positions itself as a global investor in renewable energy whose stated mission is to "produce clean megawatts to the market" so that future generations inherit an economically prosperous and sustainable world. In practice the firm originates, finances and develops utility-scale solar (and increasingly storage) projects across Europe, frequently partnering with local developers and EPC contractors and then selling or operating ready-to-build assets. Tervo sits on the investment side of that model, evaluating and steering project-level deals in Southern Europe.

His footprint in public records reflects this project-by-project structure: he was appointed a director of CLIMATE ER HELIO LTD (UK company no. 13698085) on 22 October 2021 and resigned on 29 August 2023 — a UK special-purpose vehicle tied to Korkia, using Korkia's Helsinki address for correspondence. This is typical of renewable-energy investment work, where individual projects are held in dedicated SPVs.

Investment Thesis & Focus

  • Invests in utility-scale renewable energy generation — predominantly solar PV, with storage and broader clean-energy assets — on behalf of Korkia rather than as a personal angel.
  • Targets projects across the development → ready-to-build → operational lifecycle, often co-developing with local partners and EPC specialists.
  • Geographic emphasis on Korkia's non-Finnish portfolio, especially Spain, Italy, Greece and the UK.
  • Underwrites on real-world energy yield: Tervo has publicly cited Spanish solar plants reaching roughly 2,100 MWh per MWp per year — "performance levels typically achievable only under ideal European conditions" — and framed one Spanish plant as supplying "the need of some 4,500 households in Spain."
  • Values strong development and construction partners: "It is a pleasure to be partnering up with Ethical Power who is a pioneer in delivering innovative energy technologies."
  • Mission-driven framing consistent with Korkia's "clean megawatts" / impact ethos rather than a financial-return-only pitch.

Notable Investments

  • Two ~9 MW solar PV projects, Málaga province, Spain — adjacent photovoltaic plants owned by Korkia; Ethical Power awarded the EPC contract (announced January 2024).
  • Solar in Extremadura, Spain — Korkia rural-Spain solar investment Tervo commented on (Korkia, 2022).
  • ~1 GW solar PV portfolio, Italy — Korkia partnership with Global Consulting Energy to develop a utility-scale Italian portfolio, including agriPV.
  • 1 GW+ renewables, Greece — Korkia-funded partnership to develop over a gigawatt of renewable capacity.
  • Ready-to-build solar + storage project sold to NPUK (UK) — illustrating Korkia's develop-and-sell model.
  • CLIMATE ER HELIO LTD (UK SPV) — project vehicle Tervo directed (2021–2023).

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