Etha advises on securing financing for one of Finland’s most significant battery energy storage projects, reaching start of construction this spring
Aurinkokarhu and Prime Capital have taken a significant step toward advancing Finland’s energy transition by reaching an agreement on the continued development of the Tuovila BESS project which is set to become Finland’s first 125 MW, 4‑hour Battery Energy Storage System. Located in Mustasaari near Vaasa, the project marks a significant milestone for the region’s clean‑energy ambitions, with Etha playing a central role as transaction advisor throughout the process.