SEB Nordic Energy’s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics. The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower.
The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality in Finland’s Ostrobothnia region, the project is expected to be completed in 2026.
Computer-generated picture of the future battery storage park in Finland. SEB Nordic Energy’s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics.
Ingrid Capacity, renowned for optimizing grid-scale battery storage and flexible assets across Europe, entered a strategic partnership with SEB Nordic Energy in September 2024, underpinning this latest development. Media Contact: SOURCE: Skandinaviska Enskilda Banken AB (SEB) MORE ON SEB, ETC.:
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