Nordi sells Kristinestad ready-to-build battery storage project to Enlight

Type: Sale · Technology: Storage · Country: Finland · Announced: 2026-09-30

Nordi sold the ready-to-build Kristinestad battery storage project to Enlight on 2026-09-30, a standalone BESS with planned capacity up to 125 MW / 500 MWh. The project will be sited next to Fingrid’s Kristinestad substation on Finland’s west coast and is scheduled to begin operations in Q1 2028. The project has a long-term land lease with the City of Kristinestad, a building permit, a permit for the grid connection cable, and a grid connection agreement with Fingrid securing connection capacity. Enlight said the acquisition adds scale and near-term execution potential to its Finnish energy storage platform as demand for system flexibility rises with increasing renewable generation. EY-Parthenon Corporate Finance and HPP Attorneys advised Nordi on the transaction.

Analysis

Nordi sold the ready‑to‑build Kristinestad battery storage project to Enlight on 2026-09-30, a standalone BESS with planned capacity up to 125 MW / 500 MWh. Fingrid is the Finnish transmission system operator responsible for Finland’s national electricity grid. EY‑Parthenon Corporate Finance advised Nordi and HPP Attorneys acted as legal counsel. The project is sited next to Fingrid’s Kristinestad substation on Finland’s west coast, has a long‑term land lease with the City of Kristinestad, a building permit, a permit for the grid‑connection cable and a grid‑connection agreement with Fingrid securing connection capacity. Operations are scheduled to begin in Q1 2028.

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