SEB Nordic Energy’s portfolio company Locus Energy, in collaboration with Ingrid Capacity, proudly announces the groundbreaking of one of Finland’s largest battery energy storage system (BESS) in Nivala Municipality, Northern Ostrobothnia. After the start of commercial operations in 2026, the project will contribute an important balancing function to the Finnish grid, supporting the Finnish renewable […]

SEB Nordic Energy’s portfolio company Locus Energy have acquired a 158 GWh hydropower portfolio located across Norwegian price areas NO2 to NO5. The portfolio includes a range of high-quality hydro assets that significantly strengthens Locus Energy’s position in the Norwegian and Nordic energy markets. The acquired portfolio consists of operational assets and assets under construction, […]

SEB Nordic Energy’s portfolio company, Locus Energy, enters a long-term Power Purchase Agreement (PPA) with Flower, a market leading flexibility trader and optimizer in Sweden. The agreement covers approximately 180 GWh per annum of Locus Energy’s Swedish wind portfolio, including a newly acquired wind farm comprising of 12 WTGs at a total of 30 MW […]

SEB Nordic Energy’s portfolio company, Locus Energy collaborates with Ingrid Capacity to build the largest battery energy storage project in Finland, contributing 70 MW/140 MWh battery power to Locus Energy’s existing Finnish portfolio already consisting of solar-, wind- and hydro power. The project is situated in Nivala Municipality in the Ostrobothnia region and is estimated […]

SEB Nordic Energy’s portfolio company, Locus Energy AB, has acquired the three wind parks Pirttiselkä, Muntila and Leppävirta from SUSI Renewable Energy Fund II, an investment vehicle managed by SUSI Partners. The acquisition further strengthens the company’s portfolio of sustainable energy production assets in Finland, contributing approximately 125 GWh in annual production to the existing […]

SEB Nordic Energy’s portfolio company Locus Energy is pleased to announce the successful commencement of commercial operations at its Gullbergelva hydropower plant, located in Åfjord municipality, Norway. Following Locus Energy’s acquisition of Blåfall Utvikling A/S earlier this year, Gullbergelva represents a milestone as the first project since the transaction to reach commercial operation. The Gullbergelva […]

The new partnership will enable the construction of 13 new large-scale battery energy storage systems across southern Sweden, adding an additional 196 MW of flexible capacity to the national grid in price areas SE3 and SE4. Within 12 months, the problematic power deficit situation in 13 communities in southern Sweden will be significantly improved as […]

With a growing portfolio of assets across the Nordics, Locus is strengthening its team with two new experienced Asset Managers. Frida Ljungek, Asset Manager Wind:Frida has a background from AFRY Energy Management Consulting and the Swedish Energy Agency supporting businesses and governments transition to more sustainable and resilient energy systems. Her expertise spans energy market analysis, […]