SENS Sells 85 MW / 170 MWh Ready-to-Build BESS Project in Pyhäsalmi, Finland
SENS, together with Dovre Group, has signed an agreement to sell the 85 MW / 170 MWh Pyhäsalmi battery energy storage project in Finland to a Frankfurt-based infrastructure investor. The ready-to-build BESS asset will support grid flexibility through frequency regulation and arbitrage services.
Transaction date: · Source: sens.se
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 85 MW
- Transaction price
- Not disclosed
- Country
- Finland
- Region
- Northern Ostrobothnia
- Location
- Pyhäsalmi
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
Standalone battery energy storage system with an installed capacity of 85 MW and 170 MWh (two-hour duration). The project is designed to provide frequency regulation and energy arbitrage services to the Finnish power system.
Additional information
The transaction involves the sale of 100% of the shares in the project company (SPV). The Pyhäsalmi BESS project is part of a broader energy cluster under development by SENS and represents one of the largest and most mature assets in its portfolio. Closing is expected in Q1 2026, subject to customary conditions precedent. The buyer manages approximately EUR 2 billion in assets and has a strong track record in the Nordic energy sector.
Source
Original announcement: https://www.sens.se/en/17/28/press-release/?newsid=58C259DF35892C76