Ingrid Capacity, in collaboration with Locus Energy, expands to Finland with one of the Nordics’ largest Battery Energy Storage Systems to Strengthen Grid Flexibility

Ingrid Capacity, in collaboration with Locus Energy, will build and operate Finland’s largest and one of the Nordics’ largest battery energy storage systems with a capacity of 70MW/140MWh in Nivala, located in the Northern Ostrobothnia region in F...

Ingrid Capacity, in collaboration with SEB Nordic Energy’s portfolio company Locus Energy, is developing Finland’s largest and one of the Nordics’ largest battery energy storage systems (BESS) in Nivala, Finland, with a capacity of 70MW/140MWh. The project underscores Ingrid Capacity’s strategy of rapidly scaling to meet the growing need for flexibility and optimization in Europe’s electricity grid. It also marks the company’s first two-hour system and its debut in Finland. Set to go online in 2026, the facility will enhance grid stability, energy resilience and accelerate green electrification. 

Finland’s Largest Grid-Scale Energy Storage System will be powered by Ingrid Capacity’s Proprietary Trading and Optimization Platform

The Nivala project is Finland’s largest ready-to-build BESS. Once operational in 2026, it will be managed by Ingrid Capacity’s proprietary and fully automated trading and optimization platform, an advanced AI-driven software designed to make real-time decisions based on more than 100,000 variables and constraints. This ensures maximum value for grid operators, investors, and electricity consumers – whether by balancing the grid, stabilizing electricity prices, or providing extra capacity to grid operators to manage peak demand.

“We are scaling up rapidly to larger systems with greater capacity. Our optimization platform allows us to unlock new ways for BESS to support the grid and strengthen our value proposition to grid operators and partners”, says Nicklas Bäcker, Chief Strategy Officer at Ingrid Capacity. “The collaboration with all stakeholders in Finland, including the municipality of Nivala and Fingrid, has been excellent. We look forward to contributing to Finland’s energy security”

The Mayor of Nivala, Päivi Karikumpu, welcomes the investment in the municipality: “We are very pleased to have Ingrid Capacity and Locus Energy’s investment in Nivala. This project not only strengthens the local economy, but it also significantly contributes to Finland's energy transition and grid stability. We are looking forward to collaborating with both parties on this important project”. 

Second partnership with SEB Nordic Energy’s portfolio company Locus Energy

The Nivala project is Ingrid Capacity’s second collaboration with Locus Energy, following the 196MW/196MWh grid-scale energy storage portfolio announced last year. 

“After a successful collaboration in Sweden where we are currently developing 13 large scale battery sites in SE3 and SE4, we are excited to take the collaboration with Ingrid Capacity to another of our key markets, where we will develop the largest battery energy storage system in Finland. The strong synergies between flexibility and generation are becoming increasingly evident, and the partnership with Ingrid Capacity now allows us to combine our complimentary expertise to generate the maximum possible value”, says Mattias Söderqvist, Deputy CEO & Partner at Locus Energy.

“We are thrilled to once again join forces with Locus Energy and deepen our partnership. With our shared vision and commitment to advancing the energy transition, Locus Energy was a natural partner for this project”, says Axel Holmberg, CEO at Ingrid Capacity. 

Supporting Finland’s Energy Transition with Grid-Scale Flexibility

Finland is experiencing a rapid expansion of renewable energy, particularly wind power along the west coast, as part of its goal to achieve climate neutrality by 2035. However, this growth is putting increasing pressure on the grid, leading to imbalances and limitations on integrating additional renewable capacity. This challenge has been amplified since Finland disconnected from the Russian electricity grid in 2022, making grid stability both more critical and more complex. Large-scale battery energy storage provides a proven solution -enhancing system stability while maximizing the use of renewable power.

“As Finland’s transmission system operator, Fingrid plays a key role in enabling the energy transition while maintaining grid stability. We welcome Ingrid Capacity and Locus Energy’s project in Nivala as it enhances the flexibility and resilience of our grid while enabling the integration of more renewable power”, says Jussi Jyrinsalo, Senior Vice President at Fingrid. 

A Key Milestone in Ingrid Capacity’s Ambition to Lead Europe in Grid Flexibility and Optimization

One of the biggest bottlenecks of the green transition is the lack of grid capacity. According to the European Commission’s Grid Action Plan, grid investments of €584 billion are needed by 2030 to keep pace with electrification demand. By deploying BESS and smart optimization solutions, Ingrid Capacity enables:

• Higher grid utilization, reducing the need for costly and time-consuming grid upgrades.
• More stable electricity prices, benefiting both industries and households.
• A faster and more cost-effective energy transition, strengthening Europe’s competitiveness and energy resilience.

The Nivala project isn’t just about Finland - it represents Ingrid Capacity’s long-term vision for Europe: an energy system where flexibility enables a resilient, cost-efficient, and sustainable power grid.