SEB Nordic Energy invests in major battery storage project

SEB Nordic Energy''s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics. The project will add 70

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SEB Nordic Energy fund, through Locus Energy and in

By building a diversified portfolio of renewable production and storage, we create long-term cash flows and an attractive risk-adjusted return profile for our investors, while simultaneously

Energy Storage

The Nordic region benefits from large hydro reservoirs that provide excellent and cost-effective energy storage options, which are already being efficiently utilised. Meeting growing future

Nordic Batteries

We develop battery modules, racks and energy storage systems designed to power industrial applications across challenging sectors, including construction, maritime, defence, and grid systems.

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Nordic Energy Storage Market (2025-2035)

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4 Frequently Asked Questions about "Nordic New Energy Energy Storage Box"

What is the largest battery energy storage project in the Nordics?

SEB Nordic Energy's portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics. The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy's Finnish portfolio, which already includes wind and hydropower.

How much storage capacity does Seb Nordic energy have?

The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy's Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality in Finland's Ostrobothnia region, the project is expected to be completed in 2026.

What does Nordic batteries do?

We develop battery modules, racks and energy storage systems designed to power industrial applications across challenging sectors, including construction, maritime, defence, and grid systems. At Nordic Batteries we focus on what is important: safety, reliability and performance.

Why is the Nordic region a key energy storage provider?

With existing interconnections to the UK, Germany, the Netherlands, Poland, and the Baltics, the Nordic region already serves as a key energy storage provider for the rest of Europe. Many Nordic hydropower plants are upgrading their control systems to improve its responsiveness.

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