Alight acquires 200+ MW solar projects from 3Flash to accelerate 1 GW build-out in Finland

Alight's acquisition of two solar projects totaling over 200 MW from 3Flash significantly expands its renewable energy portfolio in Finland, pushing its total development pipeline in the country to over 1 GW. The deal involves co-development between Alight and 3Flash until the projects reach the ready-to-build phase, indicating a collaborative approach to project execution. These projects, located in eastern Finland, are strategically aimed at bolstering energy self-sufficiency and enhancing grid resilience, addressing critical energy needs in the region. Fingrid, Finland's transmission system operator, is also involved, suggesting the projects are aligned with national grid infrastructure development plans. This acquisition is notable due to its scale, contributing substantially to Alight's Finnish solar ambitions. The involvement of 3Flash, an established infrastructure company, adds credibility and expertise to the development process. The focus on integrating battery storage alongside solar PV further enhances the projects' value proposition by providing grid stabilization and dispatchability. While the deal value remains undisclosed, the 200+ MW capacity suggests a significant investment, reflecting the growing interest in renewable energy infrastructure in Finland.