Luxcara Acquires 125MW Tuisku BESS Project in Keminmaa, Finland from Pohjan Voima

Luxcara has acquired the Tuisku battery energy storage system (BESS) project in Keminmaa, Southern Lapland, Finland from local developer Pohjan Voima. The fully permitted, construction-ready project has a planned capacity of up to 125 MW and is expected to be among Finland's largest BESS assets. Anchored by a long-term tolling agreement, commercial operation is targeted for summer 2027. The acquisition brings Luxcara's total battery storage capacity under construction to nearly 1 GW.

Transaction date: · Source: luxcara.com

Key facts

Transaction date
Capacity
125 MW
Transaction price
Not disclosed
Buyer
Luxcara
Country
Finland
Region
Southern Lapland
Location
Keminmaa, Southern Lapland, Finland
Continent
Europe
Development status
Under Construction
PPA
n.a.

Technology details

Utility-scale battery energy storage system (BESS) with up to 125 MW capacity. Located adjacent to Fingrid's 400 kV Keminmaa substation with direct access to Finland's high voltage transmission network. Grid connection works already underway. Commercial operation targeted for summer 2027. Anchored by a long-term tolling agreement.

Additional information

Fully permitted project with all land rights secured and a legally binding grid connection agreement signed with TSO Fingrid. Luxcara's battery storage capacity under construction is approaching 1 GW.

Source

Original announcement: https://www.luxcara.com/press-releases/luxcara-acquires-construction-ready-battery-storage-project-in-finland

Related transactions

DateTransactionTechnologyCapacityCountryBuyerSeller
Foresight FEIP II Acquires 100 MW / 400 MWh Nivala BESS — Finland's Largest Battery Storage Project — from FRV Battery Storage (BESS) 100 MW Finland Foresight Energy Infrastructure Partners Fotowatio Renewable Ventures
Usva Energia Sells 100 MW Ready-to-Build BESS Project in Kotka, Finland to Enlight Renewable Energy Battery Storage (BESS) 100 MW Finland Enlight Renewable Energy Usva Energia Oy
Fu-Gen Sells 100 MW Kärppiö Ready-to-Build BESS Project in Teuva, Finland to Nala Renewables Battery Storage (BESS) 100 MW Finland Nala Renewables Fu-Gen
Nordi Sells 125 MW / 500 MWh Kristinestad BESS Project in Finland to Enlight Renewable Energy Battery Storage (BESS) 125 MW Finland Enlight Renewable Energy Nordi
Byhmgard Acquires 50 MW Hitura BESS Project in Finland from Solarigo Systems Battery Storage (BESS) 50 MW Finland Byhmgard AB Solarigo Systems Oy
Korkia Sells 125 MW Kukonkylä Ready-to-Build BESS Project in Sievi, Finland to Enlight Renewable Energy Battery Storage (BESS) 125 MW Finland Enlight Renewable Energy Korkia Semecon Finland Renewables
Delta Capacity and Strioga Family Foundation Acquire 125 MW / 300 MWh Karppio BESS Project in Teuva, Finland Battery Storage (BESS) 125 MW Finland Delta Capacity, Strioga Family Foundation Helios Nordic Energy
Helios Nordic Energy Divests 125 MW BESS Project in Finland, Completing 550 MW+ Portfolio Sale Battery Storage (BESS) 125 MW Finland – Helios Nordic Energy AB

Explore more