{"id":4646,"date":"2024-10-18T09:47:40","date_gmt":"2024-10-18T06:47:40","guid":{"rendered":"https:\/\/lieke.com\/?p=4646"},"modified":"2025-04-01T15:28:29","modified_gmt":"2025-04-01T12:28:29","slug":"ub-renewable-energy-fund-investment-in-electricity-storage-system-bess","status":"publish","type":"post","link":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/","title":{"rendered":"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS)"},"content":{"rendered":"<h3>We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).<\/h3>\n<p>We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its acquisition of a significant majority stake in a project company from the Swiss-Finnish company AMP Tank Finland Oy. The project company will develop and operate a 30 MW battery electricity storage system at Fingrid&#8217;s Kellarij\u00e4nk\u00e4 substation in Kemij\u00e4rvi, Finland. The system has a charge\/discharge duration of two hours, equating to a total capacity of 60 MWh. The battery electricity storage system will primarily participate in the reserve market.<\/p>\n<p>United Bankers\u2019 UB Renewable Energy Fund offers the investors the opportunity to invest in the growing market created by the energy transition and shift towards green energy. The fund\u2019s assets are mainly invested in renewable energy development projects and renewable energy power plants in Finland and Europe, including wind and solar energy. Additionally, the fund may invest in infrastructure supporting its target investments or the general production, transmission, and storage of energy, as well as in the hydrogen industry. The fund is managed by UB Rahastoyhti\u00f6 Oy.<\/p>\n<p>Lieke\u2019s core team comprised Partner <a href=\"https:\/\/lieke.com\/en\/team\/jussi-ekonen\/\">Jussi Ekonen<\/a> and Senior Associate <a href=\"https:\/\/lieke.com\/en\/team\/hanna-tolonen\/\">Hanna Tolonen<\/a>. The core team was assisted by Managing Associate, Energy &amp; Real Estate, <a href=\"https:\/\/lieke.com\/en\/team\/alisa-montonen\/\">Alisa Montonen<\/a> and Associate <a href=\"https:\/\/lieke.com\/en\/team\/maija-tevajarvi\/\">Maija Tevaj\u00e4rvi<\/a>.<\/p>\n<p>For more details on the transaction, refer to the United Banker\u2019s press release available on the United Banker\u2019s <a href=\"https:\/\/unitedbankers.fi\/\">website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS). We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its acquisition of a significant majority stake in a project company from the Swiss-Finnish company AMP Tank Finland [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":4649,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-4646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reference-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS) - Lieke<\/title>\n<meta name=\"description\" content=\"We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS) - Lieke\" \/>\n<meta property=\"og:description\" content=\"We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\" \/>\n<meta property=\"og:site_name\" content=\"Lieke\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/makitaloasianajotoimisto\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-18T06:47:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-01T12:28:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1395\" \/>\n\t<meta property=\"og:image:height\" content=\"818\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maiju Sokka\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maiju Sokka\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\"},\"author\":{\"name\":\"Maiju Sokka\",\"@id\":\"https:\/\/lieke.com\/#\/schema\/person\/243c80075ba5eaf697fc571f32fae93e\"},\"headline\":\"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS)\",\"datePublished\":\"2024-10-18T06:47:40+00:00\",\"dateModified\":\"2025-04-01T12:28:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\"},\"wordCount\":259,\"publisher\":{\"@id\":\"https:\/\/lieke.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg\",\"articleSection\":[\"Reference\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\",\"url\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\",\"name\":\"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS) - Lieke\",\"isPartOf\":{\"@id\":\"https:\/\/lieke.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg\",\"datePublished\":\"2024-10-18T06:47:40+00:00\",\"dateModified\":\"2025-04-01T12:28:29+00:00\",\"description\":\"We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).\",\"breadcrumb\":{\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage\",\"url\":\"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg\",\"contentUrl\":\"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg\",\"width\":1395,\"height\":818},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/lieke.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lieke.com\/#website\",\"url\":\"https:\/\/lieke.com\/\",\"name\":\"Lieke\",\"description\":\"Lieke focuses on energy and infrastructure, construction, public sector and dispute resolution. Our carefully selected experts will solve your challenges.\",\"publisher\":{\"@id\":\"https:\/\/lieke.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lieke.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/lieke.com\/#organization\",\"name\":\"M\u00e4kitalo Attorneys Ltd\",\"url\":\"https:\/\/lieke.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lieke.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/lieke.com\/wp-content\/uploads\/2022\/12\/Lieke.jpg\",\"contentUrl\":\"https:\/\/lieke.com\/wp-content\/uploads\/2022\/12\/Lieke.jpg\",\"width\":1395,\"height\":818,\"caption\":\"M\u00e4kitalo Attorneys Ltd\"},\"image\":{\"@id\":\"https:\/\/lieke.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/makitaloasianajotoimisto\",\"https:\/\/www.instagram.com\/makitalo_attorneys\/\",\"https:\/\/www.linkedin.com\/company\/makitalo-attorneys\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/lieke.com\/#\/schema\/person\/243c80075ba5eaf697fc571f32fae93e\",\"name\":\"Maiju Sokka\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS) - Lieke","description":"We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/","og_locale":"en_US","og_type":"article","og_title":"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS) - Lieke","og_description":"We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).","og_url":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/","og_site_name":"Lieke","article_publisher":"https:\/\/www.facebook.com\/makitaloasianajotoimisto","article_published_time":"2024-10-18T06:47:40+00:00","article_modified_time":"2025-04-01T12:28:29+00:00","og_image":[{"width":1395,"height":818,"url":"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg","type":"image\/jpeg"}],"author":"Maiju Sokka","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Maiju Sokka","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#article","isPartOf":{"@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/"},"author":{"name":"Maiju Sokka","@id":"https:\/\/lieke.com\/#\/schema\/person\/243c80075ba5eaf697fc571f32fae93e"},"headline":"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS)","datePublished":"2024-10-18T06:47:40+00:00","dateModified":"2025-04-01T12:28:29+00:00","mainEntityOfPage":{"@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/"},"wordCount":259,"publisher":{"@id":"https:\/\/lieke.com\/#organization"},"image":{"@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage"},"thumbnailUrl":"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg","articleSection":["Reference"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/","url":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/","name":"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS) - Lieke","isPartOf":{"@id":"https:\/\/lieke.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage"},"image":{"@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage"},"thumbnailUrl":"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg","datePublished":"2024-10-18T06:47:40+00:00","dateModified":"2025-04-01T12:28:29+00:00","description":"We acted as the legal counsel to United Bankers\u2019 UB Renewable Energy Fund on its investment in a battery electricity storage system (BESS).","breadcrumb":{"@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#primaryimage","url":"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg","contentUrl":"https:\/\/lieke.com\/wp-content\/uploads\/2024\/10\/Referenssi_sahkovarasto.jpg","width":1395,"height":818},{"@type":"BreadcrumbList","@id":"https:\/\/lieke.com\/en\/ub-renewable-energy-fund-investment-in-electricity-storage-system-bess\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/lieke.com\/en\/"},{"@type":"ListItem","position":2,"name":"UB Renewable Energy Fund \u2013 Investment in electricity storage system (BESS)"}]},{"@type":"WebSite","@id":"https:\/\/lieke.com\/#website","url":"https:\/\/lieke.com\/","name":"Lieke","description":"Lieke focuses on energy and infrastructure, construction, public sector and dispute resolution. Our carefully selected experts will solve your challenges.","publisher":{"@id":"https:\/\/lieke.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lieke.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/lieke.com\/#organization","name":"M\u00e4kitalo Attorneys Ltd","url":"https:\/\/lieke.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lieke.com\/#\/schema\/logo\/image\/","url":"https:\/\/lieke.com\/wp-content\/uploads\/2022\/12\/Lieke.jpg","contentUrl":"https:\/\/lieke.com\/wp-content\/uploads\/2022\/12\/Lieke.jpg","width":1395,"height":818,"caption":"M\u00e4kitalo Attorneys Ltd"},"image":{"@id":"https:\/\/lieke.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/makitaloasianajotoimisto","https:\/\/www.instagram.com\/makitalo_attorneys\/","https:\/\/www.linkedin.com\/company\/makitalo-attorneys\/"]},{"@type":"Person","@id":"https:\/\/lieke.com\/#\/schema\/person\/243c80075ba5eaf697fc571f32fae93e","name":"Maiju Sokka"}]}},"_links":{"self":[{"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/posts\/4646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/comments?post=4646"}],"version-history":[{"count":4,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/posts\/4646\/revisions"}],"predecessor-version":[{"id":5482,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/posts\/4646\/revisions\/5482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/media\/4649"}],"wp:attachment":[{"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/media?parent=4646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/categories?post=4646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lieke.com\/en\/wp-json\/wp\/v2\/tags?post=4646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}