Å Energi, Eco-Stor, Farvatn Capital, and AmpTank, have announced a joint-venture project in Iskokangas, Finland. The project has a design capacity of 100MW/200MWh with construction planned to begin in 2025 and be completed in early 2026.
The project will connect to the 110KV Fingrid substation, and has the possibility to expand over time. Finland continues to lead the Nordic in energy storage deployment, taking a pragmatic approach to connecting
About Å Energi
Å Energi is Norway’s biggest renewable energy group, with operations throughout the value chain from electricity generation to end users. The group’s most important societal mission is to increase the production of clean and affordable renewable energy, ensure efficient delivery of electricity through the grid, and develop new and improved energy services in Norway and the Nordic region.
The company has over 2,000 employees in seven countries: Norway, Sweden, Denmark, Finland, Germany, Switzerland, and Belgium. Å Energi operates in Finland through its subsidiary Entelios, one of the largest electricity suppliers to the corporate market in the Nordics.
About Eco-Stor
Established in 2018, Eco-Stor AS is an energy storage company delivering a full range of battery energy storage solutions from small behind the meter systems to large grid-based utility scale systems. The company developed a German 1st life grid BESS subsidiary, Eco Stor GmbH, which in 2024 was divested through a large equity investment.
About Farvatn Capital
Farvatn is a family-owned investment company. The company invest across a range of asset classes, including real estate, shipping, private equity, equities, bonds and venture. Farvatn’s vision is to leave a positive footprint on the world.
About AMP Tank
AMP Tank Finland Oy was established in 2021 by experienced energy trading professionals with the purpose of developing energy storages in the Nordic region. AMP Tank has become one of the leading developers in the area with several projects at under development in Denmark and Finland.
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