Byhmgard signs strategic battery storage cooperation MoU with SANY International

Byhmgard AB (publ) signed an MoU with SANY International (Singapore) for long-term cooperation in Europe’s battery storage market. Parties will assess a broader partnership spanning battery hardware supply, project investment, long-term service, maintenance across Europe. A 5 MW/10 MWh Latvia battery storage project is planned as a reference site for SANY certification, Baltic market entry. In Finland, SANY may co-finance Byhmgard’s 50 MW Hitura project via equity, supplying principal battery hardware. Byhmgard would lead development, permitting, grid connection, construction management, asset management under the proposed structure. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Byhmgard AB (publ) published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein. (C)