Do you believe that profitable business can be combined with combating climate change? Are you passionate about enabling the clean energy transition and advancing innovative projects in sustainable energy? If yes, you might be our new Project Manager in Development Services team!
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.
The Pyhäsalmi Battery Energy Storage System project in Finland has reached a significant milestone with its successful sale. Etha is pleased to have acted as a sell-side transaction advisor in the project.
We are pleased to have played a key role in the project development and the transaction of the Juthskogen Wind Farm Project, located in Maalahti, Ostrobothnia. The ownership of the project company JWP Juthskog Wind Park Ab was transferred to OX2 in December 2025, the sellers being Tuulikarhu Oy with project initiators.
Etha Oy, a prominent Finnish sustainable energy consultancy, has taken a strategic step forward by joining Ametalis, an expanding Nordic group of specialist companies in environmental and technical advisory services. This partnership marks a new chapter for Etha, offering broader opportunities for growth, collaboration, and expertise in the renewable energy sector.
Etha is pleased to have acted as a sell-side transaction advisor for Pyhäsalmi BESS project, including transaction management services and legal support in respect of the negotiations. Etha further supported the transaction by advising on permitting matters and providing technical and project development expertise.
At the beginning of 2026, Etha Oy is set to drive forward its strategic growth and enhance its organisational structure. This year marks a significant transition as Marko Ekman assumes the role of Managing Director at Etha as of February 1, 2026, guiding the company into its next phase of development.
Etha’s expertise has been further strengthened as Sami Herranen started as Head of Engineering in November.
Etha Oy has been involved in Silokallio solar farm project from the very beginning, playing a key role in driving the project forward. The project, owned by Silokallion Aurinkovoimala Oy, has progressed well and has reached a significant milestone with the building permit being granted in June.
