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Virtual power plant – we represented Shopping Center Sello in contract negotiations

  • Finland


    Eversheds Sutherland advised the Sello Shopping Center in negotiating a contract for the construction of a smart energy system at the shopping center. With the solution, the Sello property will be able to produce energy itself with solar panels. The energy consumption of the property can be automatically regulated by purchasing, storing and consuming energy according to the need of any given time.

    The solution is the first concrete step towards connecting properties to the virtual power plants of the future; then properties become operators that are comparable to backup power plants in function. The Sello shopping center is the first significant property complex in Finland to be part of the electricity reserve market offered by Fingrid.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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