Nala Renewables has agreed to acquire a 250 MW battery energy storage portfolio in Finland from Fu-Gen AG, expanding its total BESS capacity in the country to over 300 MW.

Target Information

Nala Renewables, a prominent global power and renewable energy platform and independent power producer, has recently announced its agreement to acquire a ready-to-build battery energy storage (BESS) portfolio in Finland from Fu-Gen AG, a Swiss-based renewables developer. This portfolio boasts an expected operational capacity exceeding 250 MW. This acquisition marks Nala's strategic expansion in the energy storage sector, enhancing its existing projects and overall portfolio.

This acquisition is a continuation of Nala's successful endeavors in Finland, following the company's earlier acquisition of a 50 MW BESS project from Fu-Gen in January 2025. With this latest addition, Nala’s total BESS portfolio in Finland surpasses 300 MW. The new projects span across four strategically selected sites in the country, with construction anticipated to commence in 2026.

Industry Overview in Finland

The renewable energy sector in Finland is experiencing significant growth, propelled by government initiatives and investments aimed at enhancing energy security and sustainability. With the European Union's commitment to transition towards renewable ener