HPP was pleased to act as legal counsel to Nordi, a Finnish renewable energy developer, on the sale of a ready-to-build battery energy storage system (BESS) project to Enlight, a leading global renewable energy company. The standalone energy storage project is located in Kristinestad, on Finland’s west coast, and has a planned capacity of up to 125 MW / 500 MWh. Located next to Fingrid’s Kristinestad substation, the project has secured a long-term land lease with the City of Kristinestad and obtained a building permit and a permit for the grid connection cable. The project has secured the connection capacity through a grid connection agreement with Fingrid.
The BESS is expected to be operational in Q1 2028, where it will look to provide flexibility and balancing services to Finland’s power system and support the integration of renewable generation.
Nordi is a Finnish renewable energy developer established in 2021 and owned by funds managed by Octopus Energy Generation, developing utility-scale onshore wind, solar and battery energy storage projects across Finland. HPP’s Energy team is a leading legal advisor on the full range of energy transactions and projects across all forms of generation.
Read more on the transaction here.
