Fu-Gen has closed a 125MW ready-to-build battery energy storage system in Vuolijoki, central Finland, with Nala Renewables.
The transaction is the first under a framework agreement the two companies established in October 2025 for a Finnish BESS portfolio, Fu-Gen said.
Nala Renewables interim chief executive officer Remy Verot stated that the deal reflects Finland’s strategic importance for energy storage in Europe.
The companies previously worked together on the 50MW Kauhava BESS facility in southern Ostrobothnia, which Nala acquired from Fu-Gen as a ready-to-build project in early 2025.
Fu-Gen development director Seppo Tupeli said: “Delivering another large-scale, ready-to-build BESS project demonstrates the strength of our Nordic development strategy and our ability to bring extensive energy solutions to the Nordic market.”
He added: “We are proud to collaborate with Nala Renewables and contribute to the decarbonization and stability of Finland’s electricity system.”
Construction of the Vuolijoki project is expected to start later this year.