Norway, Feb. 25 -- Statkraft and Swedish developer OX2 have signed a seven-year, 235-MW battery energy storage agreement in Finland. This is Statkraft's largest BESS PPA in the Nordics to date.Statkraft, a leading provider of power purchase agreements (PPAs) and the largest producer of renewable energy in Europe, and Swedish independent power producer (IPP) OX2 have closed an agreement for two large-scale battery energy storage systems (BESS) in Finland. This is Statkraft's largest BESS PPA in the Nordics to date. The PPA covers two BESS facilities, with capacities of 110 MW (220 MWh) and 125 MW (250 MWh) respectively, which are currently under construction. Statkraft will optimise the batteries over a seven-year term, starting in 2028, alo...