Finland · owners

Who owns Finland’s named batteries

56 owners named across the 77 batteries, as the owners themselves state it in their releases; where a fund owns a battery the fund is named and its manager noted. Fingrid publishes no ownership, so this is the owners’ own word and nothing more, and it covers the named fifth of Fingrid’s count only.

Owner	Operating, MW	Being built, MW	Announced, MW
Neoen (100%)	56	62	0
Nala Renewables	50	125	100
Olana Energy Oy	42	30	0
Helen Ltd and Evli Renewable Energy Infrastructure Fund II	40	0	0
Joint venture of Ardian Clean Energy Evergreen Fund and Lappeenrannan Energia	38	0	0
Alpiq	30	125	0
Neoen	30	0	0
A fund managed by Taaleri Energia	30	0	0
Joint venture of FRV and AMP Tank Finland Oy	30	0	0
Nuveen Infrastructure (majority), Ilmatar (10%)	30	0	0
Helen (jointly owned; partner not named)	5	0	0
Rando Grid Oy, owned by JTel Oy and Rando Ventures Oy	5	0	0
Callio-Hitura Solarpark Oy	4	0	0
Fortum	2	0	0
Merus Power	1	0	0
OX2	0	235	0
Enlight Renewable Energy Ltd	0	0	225
Owner not stated	0	0	187
Luxcara	0	125	0
Covenergo (majority) with Delta Capacity	0	125	0
Delta Capacity and Strioga Family Foundation	0	125	0
Neoen Renewables Finland Oy	0	0	120
Ilmatar (developer; later owner not stated)	0	0	112
Prime Green Energy Infrastructure Fund II, managed by Prime Capital AG	0	0	100
FRV Nivala Oy (applicant)	0	0	100
re:cap global investors (FP Lux European Battery Storage fund)	0	0	95
Teollisuuden Voima Oyj (TVO)	0	0	90
Prime Capital AG renewable energy fund (Pyhäsalmi BESS Oy)	0	0	85
Winda Energy	0	30	50
WOOD & Company Renewables Sub-Fund	0	75	0
Ingrid Capacity and Locus Energy (SEB Nordic Energy portfolio company)	0	70	0
FRV with AMP Tank	0	70	0
Fortum Power and Heat Oy (applicant)	0	0	60
L&G NTR Clean Power (Europe) III Fund (Uusnivala Energy Storage Oy)	0	55	0
Aquila Clean Energy EMEA	0	50	0
Renewable Power Capital (RPC)	0	50	0
Å Energi (majority), with Farvatn Capital and Eco-Stor AS; AMP Tank keeps a minority	0	50	0
Exilion	0	0	50
Ingrid Capacity with Mirova (partnership)	0	0	45
Icecreek Energy II Oy	0	0	34
UB Renewable Energy Fund (significant majority, bought from AmpTank Finland Oy), part of United Bankers	0	0	30
Skip Wind 5 Oy	0	0	30
Neve Oy	0	0	30
wpd Söderskogen Vindpark Oy	0	0	30
Oulun Energia	0	20	0
MW Storage AG	0	0	20
Downing	0	0	20
EPV Energy	0	12	0
Enertia Oy	0	0	10
Fu-Gen Energia Oy (lease to pass to Perkiönmäen Energiavarasto Oy)	0	0	10
Oy Herrfors Ab	0	0	7
Savon Voima Oy	0	0	5
Usva Energia (own project)	0	0	5
NWJ FIN 2 Oy (applicant)	0	0	2.5
Sallila Energia	0	0	1.7
Helen	0	0	0

Neoen (100%)

Battery	Status	Municipality	MW	MWh	Owner’s date
Akkula Big Battery	Being built	Rauma	62	231	2027
Yllikkälä Power Reserve Two	Operating	Lappeenranta	56	113	2025 H1

Nala Renewables

Ultimately IFM Investors (Nala's owner per its release of 8 Oct 2026; IFM agreed in April 2026 to buy Trafigura's half); IFM Investors (Nala's owner per the release of 8 Oct 2026), as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Nala Vuolijoki	Being built	Kajaani	125	250	·
Kärppiö (Nala Renewables)	Announced	Teuva	100	200	·
Kauhava (Nala Renewables)	Energised, commissioning	Kauhava	50	100	2026 end

Olana Energy Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Ristimäki (Olana Energy)	Being built	Pieksämäki	30	34	2026 Q4
Olana Selkiö	Operating	Pieksämäki	10	12	2025 Q2
Olana Siilinjärvi	Operating	Siilinjärvi	10	12	2025 Q2
Olana Gunnarsnäs	Operating	Parainen	10	10	2026 Q3
Olana Koski Tl	Operating	Koski Tl	7	8	2026 Q3
Olana Turku	Operating	Turku	5	6	2025 Q1

Helen Ltd and Evli Renewable Energy Infrastructure Fund II

Battery	Status	Municipality	MW	MWh	Owner’s date
Nurmijärvi (Helen and Evli)	Operating	Nurmijärvi	40	80	2025-12

Joint venture of Ardian Clean Energy Evergreen Fund and Lappeenrannan Energia

Battery	Status	Municipality	MW	MWh	Owner’s date
Mertaniemi	Operating	Lappeenranta	38	43	2025-05-15

Alpiq

Battery	Status	Municipality	MW	MWh	Owner’s date
Haapajärvi (Pysäysperä)	Being built	Haapajärvi	125	250	2027 H1
Valkeakoski (Alpiq)	Operating	Valkeakoski	30	36	2025-10

Neoen

Battery	Status	Municipality	MW	MWh	Owner’s date
Yllikkälä Power Reserve One	Operating	Lappeenranta	30	30	2020-10

A fund managed by Taaleri Energia

Ultimately Taaleri Oyj (Taaleri Energia is part of the listed Taaleri group), as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Lempäälä BESS (Taaleri Energia fund)	Operating	Lempäälä	30	36	2024-11-23

Joint venture of FRV and AMP Tank Finland Oy

Ultimately FRV is part of Jameel Energy (ESS News only), as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Simo, phase 1	Operating	Simo	30	60	2025-05

Nuveen Infrastructure (majority), Ilmatar (10%)

Battery	Status	Municipality	MW	MWh	Owner’s date
Ainola BESS (Piiparinmäki wind farm)	Operating	Pyhäntä	30	41	2025-06

Helen (jointly owned; partner not named)

Battery	Status	Municipality	MW	MWh	Owner’s date
Lakiakangas wind farm storage (Helen, jointly owned)	Operating	·	5	10	by 2024-02

Rando Grid Oy, owned by JTel Oy and Rando Ventures Oy

Ultimately JTel Oy and Rando Ventures Oy, as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Rando Grid	Operating	Kuhmoinen	5	10	2025-01

Callio-Hitura Solarpark Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Callio-Hitura hybrid storage, former Pyhäsalmi mine	Operating	Pyhäjärvi	4	8	2026-05-01

Fortum

Battery	Status	Municipality	MW	MWh	Owner’s date
Batcave (Järvenpää power plant)	Operating	Järvenpää	2	1	2017-03-01

Merus Power

Battery	Status	Municipality	MW	MWh	Owner’s date
Merus Power test storage, Lempäälä	Operating	Lempäälä	1	1	2025-03-25

OX2

Battery	Status	Municipality	MW	MWh	Owner’s date
Kannisto wind farm BESS (OX2)	Being built	Halsua	125	250	2028
Korkeamaa wind farm BESS (OX2)	Being built	Soini	110	220	2028

Enlight Renewable Energy Ltd

Battery	Status	Municipality	MW	MWh	Owner’s date
Kukonkylä	Announced	Sievi	125	·	2028 H1
Pyhäjoki (Enlight, from Usva Energia)	Announced	Pyhäjoki	100	400	·

Owner not stated

Battery	Status	Municipality	MW	MWh	Owner’s date
Sandås BESS (Fu-Gen)	Announced	·	125	·	·
Relletinsuo battery storage and substation	Announced	Siikajoki	30	·	·
Kyrö BESS (Fu-Gen)	Announced	·	30	·	·
Paarmasuontie energy storage, Raahe	Announced	Raahe	1.9	4.2	·

Luxcara

Battery	Status	Municipality	MW	MWh	Owner’s date
Tuisku	Being built	Keminmaa	125	·	2027 summer

Covenergo (majority) with Delta Capacity

Battery	Status	Municipality	MW	MWh	Owner’s date
AKKU One	Being built	Lapinlahti	125	300	2027 Q4

Delta Capacity and Strioga Family Foundation

Battery	Status	Municipality	MW	MWh	Owner’s date
Kärppiö / Karppio (Delta Capacity)	Being built	Teuva	125	300	2027 Q4

Neoen Renewables Finland Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Visulahti (Neoen)	Announced	Mikkeli	120	·	·

Ilmatar (developer; later owner not stated)

Battery	Status	Municipality	MW	MWh	Owner’s date
Pahkakoski BESS	Announced	Ii	50	100	2028
Alvar BESS	Announced	Alajärvi	25	50	2028
Västervik–Riskula BESS	Announced	Kristiinankaupunki	25	50	2028
Ypyrinneva BESS	Announced	Kuortane	12	24	2028

Prime Green Energy Infrastructure Fund II, managed by Prime Capital AG

Battery	Status	Municipality	MW	MWh	Owner’s date
Teuva (Prime Capital, from Usva Energia)	Announced	Teuva	100	·	·

FRV Nivala Oy (applicant)

Battery	Status	Municipality	MW	MWh	Owner’s date
Mehtäperä battery storage (FRV Nivala Oy)	Announced	Nivala	100	400	·

re:cap global investors (FP Lux European Battery Storage fund)

Battery	Status	Municipality	MW	MWh	Owner’s date
Alapitkä battery park	Announced	Lapinlahti	95	220	2027

Teollisuuden Voima Oyj (TVO)

Battery	Status	Municipality	MW	MWh	Owner’s date
Olkiluoto backup battery (TVO)	Announced	Eurajoki	90	·	2022

Prime Capital AG renewable energy fund (Pyhäsalmi BESS Oy)

Battery	Status	Municipality	MW	MWh	Owner’s date
Pyhäsalmi BESS (SENS and Dovre)	Announced	Pyhäjärvi	85	170	·

Winda Energy

Ultimately BHM Renewables (majority shareholder of Winda), as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Jämsä (Winda Energy)	Announced	Jämsä	50	100	·
Rautavaara (Winda Energy)	Being built	Rautavaara	30	60	2026

WOOD & Company Renewables Sub-Fund

Battery	Status	Municipality	MW	MWh	Owner’s date
Laukaa (WOOD & Company)	Being built	Laukaa	45	90	2027 Q2
Äänekoski (WOOD & Company)	Being built	Äänekoski	30	60	2027 Q2

Ingrid Capacity and Locus Energy (SEB Nordic Energy portfolio company)

Battery	Status	Municipality	MW	MWh	Owner’s date
Nivala (Ingrid Capacity and Locus Energy)	Being built	Nivala	70	140	2026

FRV with AMP Tank

Battery	Status	Municipality	MW	MWh	Owner’s date
Simo, phase 2	Being built	Simo	70	140	2026

Fortum Power and Heat Oy (applicant)

Battery	Status	Municipality	MW	MWh	Owner’s date
Pälli battery storage (Fortum)	Announced	Utajärvi	60	·	·

L&G NTR Clean Power (Europe) III Fund (Uusnivala Energy Storage Oy)

Ultimately NTR with Legal & General, as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Uusnivala BESS	Being built	Nivala	55	110	2026 mid

Aquila Clean Energy EMEA

Battery	Status	Municipality	MW	MWh	Owner’s date
Kotka (Aquila Clean Energy)	Being built	Kotka	50	50	2025

Renewable Power Capital (RPC)

Battery	Status	Municipality	MW	MWh	Owner’s date
Kalanti BESS	Being built	Uusikaupunki	50	100	2026 summer

Å Energi (majority), with Farvatn Capital and Eco-Stor AS; AMP Tank keeps a minority

Battery	Status	Municipality	MW	MWh	Owner’s date
Isokangas (Eco Stor)	Being built	·	50	50	2026

Exilion

Battery	Status	Municipality	MW	MWh	Owner’s date
Kuortti (Exilion)	Announced	Mäntyharju	30	66	2026
Varevaara wind farm BESS (Exilion)	Announced	Tervola	20	41	2027 autumn

Ingrid Capacity with Mirova (partnership)

Battery	Status	Municipality	MW	MWh	Owner’s date
Pedersöre (Ingrid Capacity)	Announced	Pedersöre	45	90	·

Icecreek Energy II Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Icecreek Energy II portfolio (five sites, western Finland)	Announced	·	34	89	2027

UB Renewable Energy Fund (significant majority, bought from AmpTank Finland Oy), part of United Bankers

Battery	Status	Municipality	MW	MWh	Owner’s date
Kellarijanka (UB Renewable Energy Fund)	Announced	Kemijärvi	30	60	2025 late

Skip Wind 5 Oy

Ultimately Ardian Clean Energy Evergreen Fund, as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Riihimäki, Kaunola (Ardian)	Announced	Riihimäki	30	30	2026 spring

Neve Oy

Ultimately City of Rovaniemi, as the sources state it.

Battery	Status	Municipality	MW	MWh	Owner’s date
Rovaniemi (Neve)	Announced	Rovaniemi	30	80	2026 end

wpd Söderskogen Vindpark Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Söderskogen wind farm BESS (wpd)	Announced	Vöyri	30	60	2027 summer

Oulun Energia

Battery	Status	Municipality	MW	MWh	Owner’s date
Toppila (Oulun Energia)	Being built	Oulu	20	·	2026

MW Storage AG

Battery	Status	Municipality	MW	MWh	Owner’s date
Mäntsälä (MW Storage)	Announced	Mäntsälä	20	20	·

Downing

Battery	Status	Municipality	MW	MWh	Owner’s date
Konttisuo wind farm BESS (Downing)	Announced	·	20	·	·

EPV Energy

Battery	Status	Municipality	MW	MWh	Owner’s date
Teuva wind farm battery (EPV Energy)	Being built	Teuva	12	12	2023 spring

Enertia Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Forssa (Enertia)	Announced	Forssa	10	10	2025 end

Fu-Gen Energia Oy (lease to pass to Perkiönmäen Energiavarasto Oy)

Battery	Status	Municipality	MW	MWh	Owner’s date
Perkiönmäen Energiavarasto	Announced	Kemijärvi	10	·	·

Oy Herrfors Ab

Battery	Status	Municipality	MW	MWh	Owner’s date
Herrfors storage	Status not stated	·	7	·	·

Savon Voima Oy

Battery	Status	Municipality	MW	MWh	Owner’s date
Juankoski (Savon Voima)	Announced	Kuopio	5	10	2027 early

Usva Energia (own project)

Battery	Status	Municipality	MW	MWh	Owner’s date
Kouvola (Usva Energia)	Announced	Kouvola	5	·	·

NWJ FIN 2 Oy (applicant)

Battery	Status	Municipality	MW	MWh	Owner’s date
NW JBox container battery, Raahe (Kivipelto, Romuperäntie)	Announced	Raahe	1.2	2.9	·
NW JBox container battery, Raahe (Järvelä I, Mutalantie 97)	Announced	Raahe	1.2	2.9	·

Sallila Energia

Battery	Status	Municipality	MW	MWh	Owner’s date
Sallila Energia storage	Status not stated	·	1.7	·	·

Helen

Battery	Status	Municipality	MW	MWh	Owner’s date
Lohja solar park storage (Helen)	Being built	Lohja	0	·	·

Source: fi/hand/batteries.csv, the owner and ultimate owner columns, each with its web address on the battery’s page. Where a company register entry was found the business ID is on the battery’s page.