Assets under trading
in 4 countries
1 GW+ BESS capacity
under contract
30+ grid-scale assets
under end-to-end service












Mertaniemi BESS asset has shown that a well-optimized battery can deliver both technical value to the grid and good financial returns. With Riihimäki asset, we continue with Capalo AI as our trading and optimisation partner to ensure the asset performs reliably across all markets. Their approach has proven effective, and we expect this project to contribute meaningfully to both system stability and investor returns.
Ardian’s operating partner in the Nordics
30 MW / 30 MWh (FI)

Finland’s energy system needs efficient and well-managed storage to make the most of its growing renewable capacity. We’re pleased to be partnering with Capalo AI, whose proven expertise in optimization and market access ensures that our Uusikaupunki project can deliver both grid value and strong returns.
in Finland

As our BESS portfolio expands across Europe, Capalo AI helps us ensure each asset delivers its full potential. Their optimization allows us to capture value from every market while strengthening grid stability and driving the transition toward a carbon-neutral future.
in Finland and Lithuania

Intermittent generation is a growing challenge for consumers and the grid alike. Partnering with Capalo AI ensures our Vilnius BESS will capture every market opportunity while providing critical flexibility for Lithuania’s energy system.
in Lithuania

We are proud to play a key role in the Finnish and European energy transition. Our goal is to maximize the value of our projects for our investors, transmission system operators, and society. Our partnership with Capalo AI ensures we achieve these objectives now and in the years ahead.
in Finland

Renewable energy is the only sustainable way to achieve global climate targets. Storage facilities are needed in order to increase the share of renewable energy in the electricity grid further. This trading agreement with Capalo AI ensures our BESS investment will be utilized optimally on an hour-to-hour basis to help achieve these targets.
in Finland
Where we maximize the value of battery investments
We are currently trading assets in Finland, Sweden, Latvia, and Lithuania with over 300MW of BESS live and operational, as well as a growing fleet of PV solar. We are actively expanding into Estonia, Poland, Romania, Bulgaria, Greece, Spain, and Portugal, set to go live in 2026.
Click a flag or the map to view country contacts.
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contact:
Kaarle Vren
Business Development Manager
kaarle.vren@capalo.tech
+358 50 411 6705
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Dainius Velykis
Regional Manager, Baltic States
dainius.velykis@capalo.tech
+370 6140 0384
Tommi Lehtihuhta
Business Development Manager
tommi.lehtihuhta@capalo.tech
+358 50 402 6946
Active markets:
FFR | FCR-D | FCR-N | aFRR | mFRR | Intraday | Spot
Your contact:
Riku Kukkonen
Co-Founder & Chief Sales Officer
riku.kukkonen@capalo.tech
+358 44 546 9012
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contact:
Axel Hyppönen
Business Development Executive
axel.hypponen@capalo.tech
+358 50 573 9702
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Dainius Velykis
Regional Manager, Baltic States
dainius.velykis@capalo.tech
+370 6140 0384
Tommi Lehtihuhta
Business Development Manager
tommi.lehtihuhta@capalo.tech
+358 50 402 6946
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Dainius Velykis
Regional Manager, Baltic States
dainius.velykis@capalo.tech
+370 6140 0384
Tommi Lehtihuhta
Business Development Manager
tommi.lehtihuhta@capalo.tech
+358 50 402 6946
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Felix Rahiala
Business Development Executive
felix.rahiala@capalo.tech
+358 50 472 3794
Liuba Andreeva
Energy Market Solutions Manager
liuba.andreeva@capalo.tech
Łukasz Chmielnicki
Chief Operating Officer
lukasz.chmielnicki@capalo.tech
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Riku Kukkonen
Co-Founder & Chief Sales Officer
riku.kukkonen@capalo.tech
+358 44 546 9012
Matias Pesonen
Business Development Executive
matias.pesonen@capalo.tech
+358 44 995 5725
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Tommi Lehtihuhta
Business Development Manager
tommi.lehtihuhta@capalo.tech
+358 50 402 6946
Leevi Seesjärvi
Business Development Executive
leevi.seesjarvi@capalo.tech
+358 50 917 1275
Active markets:
FCR* | aFRR | mFRR | Voltage control** | Technical restrictions | Intraday | Spot
* Mandatory ** Market under development
Your contacts:
Riku Kukkonen
Co-Founder & Chief Sales Officer
riku.kukkonen@capalo.tech
+358 44 546 9012
Matias Pesonen
Business Development Executive
matias.pesonen@capalo.tech
+358 44 995 5725
Active markets:
FCR-D | FCR-N | mFRR | Intraday | Spot
Your contact:
Juho Nermes
Key Account Manager
juho.nermes@capalo.tech
+358 40 587 8682
One turn-key service to trade, optimize, and dispatch your gridscale BESS.
With Capalo Zeus VPP™, you will get route-to-market access, AI-optimized trading across all markets, as well as Balance Responsible Party (BRP) and Balance Service Provider (BSP) services. All part of the same package for stand-alone and co-located assets.
Electricity markets overview
Filter by country
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – Bulgaria
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – ESTONIA
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – FInland
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – Greece
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – Latvia
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – Lithuania
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – Poland
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – PORTUGAL
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – Romania
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across all ancillary services and wholesale markets:
Ancillary Markets – SPAIN
* Mandatory ** Market under Development
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
At the core of the Capalo Zeus VPP™ are AI-based, fully automated trading and optimization strategies across ancillary services and wholesale markets:
Ancillary Markets – Sweden
Wholesale Markets
The algorithms are specifically built to find maximal revenues for your Battery Energy Storage Systems, whether standalone or co-located with renewable production. Now and in the future.
Capalo Zeus VPP combines multiple services into one turn-key trading, optimization, and aggregation package.
The service contains:
Route-to-market
We provide route-to-market for your assets to all available markets and handle prequalifications on your behalf.
BRP service
We trade your assets on our books, offering market access and automated trading as a complete turn-key service.
AI-optimized multi-market trading
Our self-learning trading models ensure that your investment is utilized optimally in an evolving revenue landscape.
Forecasts for all markets
We forecast every ancillary and wholesale market to ensure you get cutting-edge performance from multimarket optimization.
Ultra-fast Intraday trader
Our Intraday trader’s fast and intelligent trading decisions capture the maximal benefit from wholesale market volatility.
Standalone and co-located BESS optimization
Our hybrid optimization models are purpose-built to maximise earnings across varied and complex commercial and technical environments.
Contact us to maximize your energy storage revenue
Contact Information
Henri Taskinen
Co-Founder & Chief Executive Officer
Riku Kukkonen
Co-Founder & Chief Sales Officer
Eerik jauhiainen
Co-Founder & Chief Technology Officer
Teemu Lappalainen
Co-Founder & Development Director
Arto Mustikkaniemi
Head of Sales & Business Development
Łukasz Chmielnicki
Chief Operating Officer
Tarja Strahlman
Head of Growth Marketing
Asko Kauppinen
VP People
Panu Matilainen
Market Origination Lead
Lauri Leppä
Origination Manager
Anusha Ramakrishnan
Head of Talent Acquisition
Tommi Lehtihuhta
Business Development Manager
Axel Hyppönen
Business Development Executive
Felix Rahiala
Business Development Executive
Matias Pesonen
Business Development Executive
Dainius Velykis
Regional Manager, Baltic States
Kaarle Vren
Business Development Manager
Leevi Seesjärvi
Business Development Executive
Kristiina Siilin
Head of Customer Success
Aatu Tuomisto
Optimization Team Lead
Eyvind Sæbø
Senior Trading Engineer
Julien Roussillon
Forecasting Engineer
Topi Paananen
Senior Trading Engineer
Simone Peroni
VPP Engineer
Georgy Ananov
Trading Engineer
Hieu Pham Ngoc
ML Engineer
Elias Vänskä
Staff Data Scientist
Trevor McGuire
Mathematician
Christina Brester
Staff AI Scientist
Liuba Andreeva
Energy Market Solutions Manager
Juho Nermes
Key Account Manager
Matti Viitanen
Key Account Manager
Tatu Virtanen
Key Account Manager
Jesper Smeds
Energy Market Analyst
Lauri Himanen
Head of Product
Guting Huang
Full-Stack Developer
Adrian Kalinin
Senior Backend Developer
Khoa Lai
Cloud Solution Architect
Duong Le
Backend Engineer
Vesa Mäkitalo
Cloud Solution Architect
Tam Nguyen
Forecast Engineer
Toni Tervanen
Senior Software Engineer
Joona Kaivosoja
Senior Trading Engineer
Joona Savela
Day-Ahead Trading Engineer
Elias Peltola
Prequalification Engineer
Tuomas Lehto
Lead Prequalification Engineer
Iren Naarits
Head of Regulation
Frans Hietaranta
Head of Finance Operations
Arttu Virolainen
Operations Manager
Pyry Matikainen
Operations Associate
Felix Pakkasjärvi
Operations Associate
