Luxcara, a German asset manager for energy transition infrastructure, has acquired a utility-scale battery energy storage system (BESS) project in Finland. The Tuisku project marks a further milestone in Luxcara’s growing storage portfolio, expanding the company’s footprint in the Nordics and reinforcing its role in supporting grid stability, renewables integration and energy security. Luxcara acquired the project from local developer Pohjan Voima, a subsidiary of Swedish renewables company Arise AB.
The Tuisku project is located near Keminmaa in Southern Lapland and has a planned capacity of up to 125 megawatts. It is one of the most mature BESS developments in the Finnish market and benefits from a highly strategic location adjacent to Fingrid’s 400 kilovolts Keminmaa substation, providing direct access to Finland’s high voltage transmission network. Once constructed, it is expected to be among the largest BESS assets in Finland. Construction is planned to begin in
