Environment, Energy & Green Transition(en) Archives - Castrén & Snellman

Electricity Market Act: Proposed priority procedure to significantly change new electricity network connections in situations of scarce capacity

Castrén & Snellman is recognised as a leader for energy and infrastructure work in Finland. Its strength is apparent across the board.

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We advise our clients in environmental and energy law as well as in green transition projects.

We handle your project’s permitting and appeal processes on your behalf. Drawing on our strong industry knowledge, our experts will help you in developing green transition projects and drafting related contracts. We support you in all legal issues in the energy market.

We manage the ever-changing regulatory landscape of environmental and energy law on your behalf. We monitor EU regulatory developments to anticipate regulatory changes affecting your business. We act as your strategic speaking partner in project development and on environmental and energy law issues.

The green transition is gathering pace and creating significant new business and growth opportunities for businesses. As an adviser in environmental and energy law, we help clients in identifying and seizing the opportunities presented by the energy transition.

Latest references

Move Energy – Combination of 3North Partners and Steady Energy and related private placement and IPO

We advised Move Energy as an investor in connection with the combination of 3North Partners Plc and Steady Energy Oy and the related private placement and initial public offering of the combined company on Nasdaq First North Growth Market Finland. In connection with the transaction, 3North Partners received approximately EUR 69.8 million in investor commitments from a group of institutional and other investors, including Move Energy, to fund the combined company. Steady Energy is a Finnish nuclear technology company developing a new generation of small modular reactors (SMRs) particularly suited for district heating. Its LDR-50 reactor is designed to provide cities and utilities with a scalable and low-carbon alternative to combustion-based heat production.

Lenders and Export Credit Agencies – EUR 514.4 million green project financing for Easpring Finland New Materials’ CAM plant

We acted as Finnish law legal adviser to the lenders and the export credit agencies in connection with the EUR 514.4 million green project financing for the development and construction of Easpring Finland New Materials Oy’s cathode active material (CAM) manufacturing plant in Kotka, Finland. The borrower, Easpring Finland New Materials Oy, is a joint venture owned by Beijing Easpring Material Technology, Finnish Minerals Group and LG Energy Solution. The financing was provided by six international commercial banks, with Société Générale acting as financial adviser and mandated lead arranger together with Natixis as co-mandated lead arranger, and DNB, ICBC, ING and Standard Chartered participating as lenders, with support from the export credit agencies Finnvera and Sinosure. The project represents a significant milestone for Finland and the European battery value chain by strengthening Europe’s domestic supply of cathode active materials, a key component in lithium-ion batteries for electric vehicles and energy storage applications. Once the first phase of the project is operational, the Kotka facility is expected to produce approximately 60,000 tonnes of cathode active material annually, making it one of the largest CAM production plants in Europe and supplying leading battery manufacturers across Europe.

Delta Capacity – Acquisition of BESS Project

We acted as Finnish legal advisor to Delta Capacity in connection with its acquisition of the ready-to-build Karppio battery energy storage system (BESS) project from Helios Nordic Energy. The acquisition was made and the project will be implemented together with Strioga Family Foundation. The Karppio BESS project is located in Teuva, Finland, and has a capacity of 125 MW / 300 MWh. Delta Capacity will lead the remaining development of the project through to commissioning, planned for 2027, and will serve as long-term asset manager. Delta Capacity is a Swiss-based developer of utility scale battery storage systems. The acquisition adds to Delta Capacity’s growing Nordic portfolio.

Winda Energy – Data centre project in Janakkala

We advise Winda Energy Oy on the development of its c. 100 MW data centre project in Janakkala, Finland, a landmark investment exceeding EUR 500 million. The project is being developed in collaboration with European investment company Gi21 Capital. Construction is scheduled to commence in 2027, with completion targeted for 2028. Winda Energy Oy is a renewable energy project development company established in 2011, with a portfolio of wind and solar power projects across Finland. The company manages projects throughout their full lifecycle, from initial planning and permitting to construction and completion.

Latest insights

24.9.2026 – Environment, Energy & Green Transition Electricity Market Act: Proposed priority procedure to significantly change new electricity network connections in situations of scarce capacity

Marius af Schultén

Kanerva Sunila

Samuli Tarkiainen

Jonas Holm

Noora Ahonen

Marius af Schultén, Kanerva Sunila, Samuli Tarkiainen, Jonas Holm & Noora Ahonen

11.9.2026 Finland proposes a new data centre register – draft legislation open for comments

Marius af Schultén

Antti Kaakkola

Samuli Tarkiainen

Mikko Alakare

Janne Juusela

Jerker Pitkänen

Marius af Schultén, Antti Kaakkola, Samuli Tarkiainen, Mikko Alakare, Janne Juusela & Jerker Pitkänen

8.5.2026 – Environment, Energy & Green Transition Reform of Finland’s land use legislation – key takeaways for project developers

Tarja Pirinen

Marius af Schultén

Joel Aartolahti

Tarja Pirinen, Marius af Schultén & Joel Aartolahti

2.3.2026 – Environment, Energy & Green Transition Energy security is a matter of investment and competitiveness

Samuli Tarkiainen

Marius af Schultén

Samuli Tarkiainen & Marius af Schultén

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