FEIP II acquires 100% of Nivala battery project in Finland

Foresight-managed FEIP II completed acquisition of a 100% interest in the 100MW/400MWh Nivala BESS development from Fotowatio Renewable Ventures. The asset is located in North Ostrobothnia, Finland, is ready to build, and is expected to start commercial operations in H2 2028. Purchase price was not disclosed.