Wednesday, 18 March 2026
Futureal Energy Partners (FEP) has supported the development and sale of the Tuovila battery energy storage system (BESS) project in western Finland to Prime Capital AG. The project, developed by Aurinkokarhu Oy, has a planned capacity of 125 MW with up to four hours of storage duration.
As part of the transaction, FEP provided a development loan in September 2025 to finance remaining development costs and help bring the project to a ready-to-build stage. The financing was also linked to the sale process, which was completed within approximately two months.
The Tuovila BESS project is intended to provide grid services such as load shifting, balancing and frequency response, contributing to the stability of Finland’s electricity system. Construction is expected to begin in the second quarter of 2026, with operations targeted for early 2027.
The deal marks FEP’s first transaction in the Finnish renewable energy market. Aurinkokarhu Oy acted as the project developer, while Prime Capital AG acquired the asset as part of its European energy investment strategy.
