Grid Expansion Fingrid is actively expanding and upgrading critical transmission infrastructure across Finland and Northern Europe, including large scale 400 kV network projects and new substations in Åbacka, Vuolijoki, and Pyhäselkä. This creates multiple opportunities for engineering, procurement, and construction partners, as well as long term maintenance contracts.

Transformer Demand Recent deals indicate significant demand for high capacity transformers as Fingrid upgrades its grid, evidenced by Hitachi Energy securing a contract to supply seven large transformers. Potential sales opportunities exist for additional transformer manufacturers, manufacturers of related ancillary equipment, and services around grid modernization.

Pacemaker Partnerships Fingrid is engaging with a network of partners (Eltel Networks, Digia, Caverion) for grid development and substations. This signals openness to collaboration with engineering services, integration specialists, and managed services providers to support planning, implementation, and ongoing grid operations.

Digitalizing Grid The tech stack includes Azure API Management, MuleSoft, ArcGIS, and various data and software tools, highlighting a push toward digitalization, data integration, and advanced grid analytics. There are opportunities for cybersecurity, data platforms, telemetry, GIS, and IT/OT integration services.

Cross-Border Growth As Finland’s grid is connected to Nordic and Continental Europe via HVDC and cross-border links, Fingrid’s expansion plans imply demand for compliant, scalable grid solutions and services that support cross-border energy flows, interoperability, and regional project delivery capabilities.