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EY Corporate Finance offers investment banking services through dedicated teams with a focus on M&A. EY Corporate Finance leverages EY's global network of investment banking professionals to deliver insightful, objective and strategic deal advice on M&A transactions.
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The large-scale battery energy storage (BESS) project is located in the Southern Ostrobothnia region of Finland. Construction is expected to start during Q2 2025, with operations of the BESS commencing in 2026.
Fu-Gen AG is a Swiss-based renewables developer and independent power producer with a strong track record of developing, financing, constructing, and operating renewable energy assets. The transaction is a significant milestone for Fu-Gen as the company continues to execute its strategy of developing renewable energy assets in the Nordics.
This is the first investment in the Nordics for Nala Renewables, a global power and renewable energy platform and independent power producer. Following this market entry, Nala is looking to broaden its portfolio in the region, including onshore wind and further BESS projects.
“We are thankful to EY Corporate Finance for the valuable support and guidance they provided during this transaction, their professionalism and expertise helped to ensure a successful outcome for all parties.” – Lorenzo Lanteri, Director and Founder of Fu-Gen
EY Corporate Finance acted as the exclusive financial advisor to Fu-Gen in the transaction and ran a competitive international auction process.