20.9.2019

Castrén & Snellman Continues Development of Corporate Responsibility Expertise through Lecture Series on Sustainable Success Stories

Responsibility has become an integral part of business and impact has become a driver of success. Castrén & Snellman launched a new lecture series to foster responsibility expertise and promote sustainable choices on Global Zero Emissions Day on 21 September.

Castrén & Snellman is a corporate responsibility forerunner in the legal services industry, being the first law firm accepted in the WWF’s Green Office network, among other things. Responsible business is a goal that unites us and our clients and one that we have invested a great deal in. We regularly advise our clients in adopting corporate responsibility and compliance programmes and we are a member of the FIBS corporate responsibility network. We joined Finland’s Sustainable Investment Forum FINSIF as the first law firm in 2015. The following year we also joined the Climate Leadership Council (CLC).

By investing in the development of corporate responsibility matters, Castrén & Snellman intends to maintain its position as a strategic adviser to its clients and an advocate of sustainable success stories. Our Sustainable Success Stories lecture series builds on our strong foundation of corporate responsibility expertise and will train our own experts in the subjects of corporate responsibility and impact.

The first lecture, From Responsibility to Impact, was held on the eve of Zero Emissions Day. The speakers at the inaugural lecture were Annu Nieminen from The Upright Project and Valio’s General Counsel Saara Vahvaselkä. The lecture series will continue over the autumn of 2019 and will cover subjects such as the ABCs of corporate responsibility, the fundamentals of responsible investment and the importance of human rights in business.

Latest references

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. 
Case published 21.7.2026
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. 
Case published 20.7.2026
We advised Swedbank AB (publ) on the refinancing of a large Finnish retail real estate portfolio owned by Trophi’s Finnish subsidiaries. Trophi is the leading Nordic real estate company focusing on grocery anchored retail properties, with 278 properties across Sweden and Finland. Finland is a market that continues to develop and is also strategically important for Trophi, accounting for approximately 30% of Trophi’s letting and property value.
Case published 17.7.2026
We are acting as Finnish legal advisor to HANZA in connection with its acquisition of Fortaco Finland’s heavy mechanics and assembly business. The transaction is structured as a combined asset and share acquisition and includes Fortaco Finland’s heavy mechanics and assembly operations in Finland, as well as shares in two Estonian and two Polish subsidiaries. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions, including regulatory approvals. Founded in 2008, HANZA is a Swedish mechanical engineering and electronics contract manufacturing company listed on the Nasdaq Stockholm main list. HANZA has approximately 5,000 employees and annual sales of SEK 10 billion. We advise HANZA on this transaction in collaboration with the Swedish law firm Lindahl.
Case published 15.7.2026