Finland – Olana gets Rabo BESS PF

Reuters
2025.11.17 10:28
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By Cristiana SandevaFinnish independent power producer Olana Energy has closed project financing for a BESS portfolio via Rabobank as sole lender and hedging bank. The deal marks Olana's first senior debt financing and covers a portfolio of assets ranging from 5MW to 30MW per project that will be used to stabilise the Finnish grid.Olana has commissioned three BESS projects totalling 25MW/30MWh across Finland, representing about 10% of the country’s energy storage capacity for grid services. The schemes are the 5MW/6MWh Turku BESS, the 10MW/12MWh Siilinjarvi BESS and the 10MW/12MWh Selkio BESS.

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