Nala Renewables expands its Battery Energy Storage portfolio in Finland

London, 8th of October 2025 - Nala Renewables, a global power and renewable energy platform and independent power producer, has entered into an agreement to acquire a ready-to-build battery energy storage (BESS) portfolio in Finland from Fu-Gen AG, a Swiss-based renewables developer. The total capacity of the portfolio is expected to be over 250 MW once operational.

This latest transaction follows the successful acquisition by Nala of a 50 MW BESS project in Finland from Fu-Gen in January 2025, bringing Nala's total BESS portfolio in the country to over 300 MW. The latest projects are located across four strategic sites in Finland, with each project expected to commence construction in 2026. The transaction builds on Nala’s existing European BESS portfolio, which includes projects in Finland, Belgium, Poland and Romania, demonstrating Nala’s ambitions in both the Nordic markets and energy storage sector. 

Mike O’Neill, Chief Executive Officer of Nala Renewables said: “Finland is a strategically important market for BESS in Europe providing a strong business case, so we are delighted to build on our existing investment there and our association with Fu-Gen who continue to demonstrate the quality of their approach to development.”

Lorenzo Lanteri, Director and Founder of Fu-Gen, added: “Once again, Fu-Gen’s dedicated Nordic team has delivered a high-quality energy storage portfolio in an attractive market. This collaboration reinforces Fu-Gen’s role as a trustworthy partner in renewable energy. We look forward to seeing the portfolio realized at a time when energy solutions play a vital role in enhancing energy security, promoting a stable, self-sufficient energy supply, and supporting climate targets.”

The portfolio will support Nala’s contribution to the UN Sustainable Development Goals by enabling the efficient storage and release of renewable energy, thereby contributing to a more sustainable and less carbon-intensive energy grid.