Futureal Energy Partners has entered the Finnish market through its support for the development and sale of the 125MW Tuovila battery energy storage system project in western Finland to Prime Capital AG.
Futureal Energy Partners said it provided a development loan to Aurinkokarhu Oy in September 2025 to fund remaining costs and bring the project to a ready-to-build stage while supporting the sale process.
The company added that the project was sold within two months to a European asset manager, exceeding initial timeline expectations.
The Tuovila BESS project, developed by Aurinkokarhu Oy, has up to four hours of duration and is expected to begin construction in the second quarter of 2026, with commercial operations planned for early 2027.
Futureal Energy Partners noted the project will provide load shifting, balancing and frequency response services to strengthen Finland’s electricity system and support the integration of renewables.
Daniel Szentirmai, co-founder and chief executive of Futureal Energy Partners, said: “This transaction demonstrates how targeted development financing can accelerate high-quality energy storage projects and bring them to market efficiently.
“The Tuovila BESS project is not only a strong commercial success, but also a strategic investment in grid stability and flexibility.”
He added: “We are proud that this marks FEP’s entry into the Finnish renewables market, where we see further attractive opportunities ahead.”
Andreas Renfällt, chief executive of Aurinkokarhu Oy, said: “Their development financing and transactional expertise provided valuable support throughout the successful sales of Tuovila BESS.
“This project underlines the growing importance of battery energy storage in Finland and across the Nordics.”