Fu-Gen Sells 15 MW Ready-to-Build BESS Portfolio in Finland to Icecreek Energy
Swiss renewable energy developer Fu-Gen has signed an agreement to sell a portfolio of three ready-to-build battery energy storage system (BESS) projects in Finland, totalling 15 MW, to Icecreek Energy. Located in Ulvila, Sastamala and Koskenkorva, the projects will form part of Icecreek Energy II, a dedicated BESS asset pool in Finland. Construction is scheduled to begin later in 2026.
Transaction date: · Source: fu-gen.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 15 MW
- Transaction price
- Not disclosed
- Buyer
- Icecreek Energy
- Seller
- Fu-Gen
- Country
- Finland
- Region
- Ulvila, Sastamala, Koskenkorva
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
Three standalone battery energy storage system (BESS) projects with a combined capacity of 15 MW, developed by Fu-Gen and brought to ready-to-build stage. Projects will provide grid services to balance supply and demand, improve grid stability and support reliable operation of Finland's power system. Construction scheduled to begin later in 2026.
Additional information
The three projects form part of Icecreek Energy II, a dedicated BESS asset pool being built in Finland by Icecreek Energy, a European asset management platform focused on grid-scale battery storage. Fu-Gen is a Swiss-based renewable energy developer and IPP active in the Nordic region. Transaction date not disclosed in source.
Source
Original announcement: https://fu-gen.com/fu-gen-divests-15-mw-rtb-bess-portfolio-in-finland-to-icecreek-energy/