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Watson Farley & Williams (WFW) said in an announcement on its website, published on 26 October 2026, that it had advised Rabobank on the financing of a battery energy storage system (BESS) project in Finland. The firm described the project as one of the largest Finnish battery storage schemes to date to enter construction, and said it represented a significant milestone in the growth of the country’s energy storage sector.
Key points
- WFW advised Rabobank on the financing of a Finnish BESS project, which the firm said is one of the largest such schemes in the country to date to enter construction.
- The announcement separately noted that Nala Renewables’ Finnish BESS portfolio comprises the Kauhava project, rated at 50 MW/100 MWh, and the Kärppiö project, rated at 100 MW/200 MWh.
- According to WFW, Rabobank is a banking and financial services group based in the Netherlands, headquartered in Utrecht.
- WFW said Nala Renewables, founded in 2020 and based in London, is a renewable energy investment platform focused on onshore wind, solar PV and battery storage, with a 3 GW portfolio across operational, in-construction and development stages, which it aims to expand to 10 GW by 2030.
The team
The WFW London Energy team advising Rabobank was led by Jennifer Charles, Partner and London Projects Group Co-Head. Jenny Burns, Senior Associate, and Tara Goalen, Associate, also acted on the matter.
Ms Charles said: “We’re delighted to have advised Rabobank on this important financing for Finland’s BESS infrastructure. Having acted on many of Europe’s largest BESS project financings to date, it’s great to be expanding our in-sector footprint into the Nordic region.”
Nala Renewables’ profile
WFW said Nala Renewables’ Finnish BESS portfolio comprises the Kauhava and Kärppiö projects. The firm also said Nala Renewables’ broader renewable energy portfolio, spanning onshore wind, solar PV and battery storage, currently totals 3 GW across operational, in-construction and development stages, with a target of reaching 10 GW by 2030.