Chambers Global once again ranked our services among the best in Finland in its annual publication. The rankings place the greatest emphasis on client feedback, supplemented by background information provided by law firms.
17.2.2023
Castrén & Snellman experts and services top-ranked in Chambers Global 2023: top-notch legal and business skills, great understanding of commercial needs and to-the-point advice
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Castrén & Snellman was highly ranked in all six categories in the Chambers Global Guide. Our dispute resolution team was the only one in Finland to receive Band 1 recognition in the category.
‘They have a great understanding of our commercial needs and provide to-the-point advice, helping us to position ourselves better strategically. Their extremely quick response time and problem-solving mindset are also much appreciated.’
‘Castrén & Snellman are very hands-on and deeply involved in the details. They understand the commercial realities of the case, what they want to achieve, and what needs to be done to achieve the end results.’
‘The team is well structured, with a variety of skills and experience and a good understanding of the business expectations.’
‘Castrén & Snellman possesses top-notch legal and business skills combined with highly effective project management skills.’
‘The service provided is very client-focused, always on time and our contacts at the firm were extremely responsive.’
‘Castrén & Snellman have an excellent understanding of the Finnish market.’
‘The lawyers strongly push their client’s best interests.’
‘All communication with cross-border counterparties has been flawless.’
Additionally, a total of 13 of our experts received individual rankings from Chambers Global:
In the International & Cross-Border Capabilities section, Chambers highlights the law firms that are the best and most user-friendly to work with when matters involve international aspects. The section is an overview of the services for clients in need of internationally oriented advice. Chambers describes Castrén & Snellman as one of the leading Finnish law firms:
‘Castrén & Snellman has a credible track record in international mandates and offers clients a high-quality Finnish practice with experience of collaborating on global matters.’
Besides the Global directory, Chambers also publishes the annual Chambers Europe directory, which looks more extensively at Finnish legal experts in various fields. Both publications have for many years ranked Castrén & Snellman’s services and experts as being among the best in Finland. For a more detailed look at the rankings, please visit the Chambers Global website.
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Neste – A EUR 250 million 10-year loan with NIB
We advised Neste as it signed a EUR 250 million 10-year loan with NIB. The loan will finance Neste’s investments related to research and development (R&D) in processing lower-quality feedstocks into high-quality renewable products; as well as the liquefied waste plastics (LWP) investment at Neste’s refinery in Porvoo, Finland. The R&D activities supported by the loan focus on the development of renewable solutions. These include, for example, expanding feedstock capabilities and technologies that enable the processing of new and lower-quality waste and residues into high-quality renewable end products. Part of the financing supports Neste’s liquefied waste plastics investment in Porvoo, related to upgrading low-quality plastic waste into high-quality feedstock at an industrial scale. The investment contributes to advancing circular economy solutions by enabling the use of hard-to-recycle plastic waste as a replacement for virgin fossil raw materials. The unit has an annual capacity to process up to 150,000 tonnes of liquefied waste plastic. Production ramp-up commenced in 2026.
Case published 19.8.2026
Aspo – Demerger and finance matters
We advised Aspo Plc, ESL Shipping Ltd and AtoBatC Shipping AB in relation to finance matters in connection with the demerger of Aspo, by which all the shares in ESL Shipping Ltd held by Aspo, together with the related assets and liabilities, will be transferred to a new independent company to be named ESL Shipping Group Plc. Aspo intends to apply for the shares of ESL Shipping Group to be admitted to trading on the regulated market of Nasdaq Helsinki. It is further intended that Aspo be renamed Telko Group Plc.
Case published 19.8.2026
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.
Case published 21.7.2026
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.
Case published 20.7.2026