NTR’s 55MW/110MWh Uusnivala Battery Energy Storage System in Finland signs Optimise agreement with Capalo AI
Uusnivala Energy Storage Oy, a 110 MWh battery storage project managed by NTR has entered into an energy optimisation and route to market agreement with Capalo AI, a sustainable technology company specializing in trading and optimization services for energy storage.
NTR’s 55MW/110MWh Uusnivala Battery Energy Storage System in Finland signs Optimise agreement with Capalo AI
Helsinki, 18.11.2025 Uusnivala Energy Storage Oy, a 110 MWh battery storage project managed by NTR has entered into an energy optimisation and route to market agreement with Capalo AI, a sustainable technology company specializing in trading and optimization services for energy storage. Capola AI is to provide trading, optimization, and route-to-market services for the 55MW/110MWh Uusnivala Battery Energy Storage System (BESS) in Nivala, Northern Ostrobothnia, Finland. The asset is owned by the L&G NTR Clean Power (Europe) III Fund, and it is the Fund’s first standalone grid-scale battery storage investment and one of the most significant BESS projects currently under development in Finland.
Capalo AI will deliver end-to-end route-to-market services, including AI-optimized trading across all Finnish ancillary service markets (FFR, FCR-D, FCR-N, aFRR, mFRR) and Nord Pool Spot and Intraday markets. Capalo AI will also provide the Balance Responsible Party (BRP) and Balance Service Provider (BSP) services, thus managing everything from prequalification to lifetime value maximization.
The project marks a significant step for the L&G NTR Clean Power (Europe) III Fund as it expands its portfolio of clean energy technologies across Europe. As one of the largest BESS assets in Finland, it will play a crucial role in enhancing system flexibility and supporting the country’s clean energy objectives.
“Uusnivala is an important project for the Fund and a strong example of how storage can support both the grid and the broader energy transition. Partnering with Capalo AI ensures the asset is managed with the expertise, technology, and market understanding needed to deliver reliable system services and strong long-term value,” said Anthony Doherty, Chief Investment Officer at NTR.
“We’re proud to support NTR and the L&G NTR Clean Power (Europe) III Fund with their first standalone grid-scale battery project. By integrating the 55MW/110MWh Uusnivala system into our Zeus VPP platform, we help strengthen the Nordic grid, increase renewable integration, and ensure the asset performs at its full potential across all markets,” said Henri Taskinen, CEO of Capalo AI.
About NTR:
Established in 1978, NTR is an experienced sustainable infrastructure investor and asset manager driving Europe’s clean energy transition. NTR develops, constructs and operates energy transition projects in circa 67 locations across seven European countries, specialising in wind, solar and energy storage. With approximately €2 billion of capital deployed, NTR has developed, constructed and operated over 4GW of wind, solar and energy storage projects to date.
NTR’s mission of developing, constructing, and operating sustainable infrastructure in a responsible manner means that we incorporate an ESG mindset into every stage of the business. From initial investment assessment through to operational projects, NTR aims to have a positive impact on the environment and society while maintaining strong governance and risk management oversight.
About Capalo AI:
Capalo AI is a sustainable technology company specializing in AI-driven optimization and trading of standalone and co-located battery energy storage systems (BESS). Its turn-key service, Capalo Zeus VPP™, provides route-to-market, AI-optimized trading across all markets, and BRP service, managing everything from prequalification to lifetime value maximization. The company trades flexible assets in Lithuania, Latvia, Finland, and Sweden and is now expanding to Central and Eastern European markets, including Poland. It currently operates over 200 MW of BESS capacity and has over 1 GWh of signed capacity.