15.2.2024

Castrén & Snellman joins Finland Chamber of Commerce as a partner of Climate and Energy Day

Castrén & Snellman is a partner of the 2024 Climate and Energy Day. This event, organised by Finland Chamber of Commerce, includes talks and panel discussions on the green transition and its prospects.

‘Finland has strong potential to continue as one of the leading countries in the energy transition. Companies are at the forefront of developing projects and innovations for the energy transition, and as lawyers, we also participate in making this transition possible. It is a great pleasure to discuss the energy transition and its future at the event,’ says C&S Partner Samuli Tarkiainen, energy and industry specialist.

The themes of this year’s Climate and Energy Day include Finland’s energy and climate goals and its new industry policy, increasing international competition for green investments and the direction of the EU climate policy. Samuli Tarkiainen is joined by Neste’s Outi Ervasti, Vice President, Renewable Hydrogen, in discussing energy-related regulation, particularly the changes in the regulatory environment and companies’ expectations towards legislation.

‘The green transition has long been visible in EU legislation, and legislative work is increasingly active. It is important for companies that regulation is developed predictably with a long-term vision. Unwise regulation can cause challenges to investments, operations and implementing new forms of energy,’ says Samuli.

To read more on the event (in Finnish), visit the Finland Chamber of Commerce website.

Latest references

We advised Nordea Bank Abp in the EUR 150 million new green financing for Lahti Energia Oy to support investments promoting a clean transition and to refinance existing loans. Lahti Energia Oy’s green loan investments focus on solutions that reduce fossil carbon dioxide emissions and support sustainable development. Planned projects include electric boilers, district heating storage facilities, and investments in the development of energy networks.
Case published 1.7.2025
We advised Netel Group, a Nasdaq Stockholm-listed contracting company, on the sale of its Finnish operations, Netel Oy, to a group of private investors. The divestment forms part of Netel Group’s strategic realignment. In January 2025, Netel Group announced its decision to exit the Finnish market in order to concentrate on its core markets in Sweden and Norway and growth markets in Germany and the UK. Netel Group is a leading provider of services in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom across Northern Europe. The company has been listed on Nasdaq Stockholm since 2021.
Case published 1.7.2025
We advised Glaston Corporation on its reverse share split, i.e. in the reduction of its total outstanding shares so that each two shares of the company were merged into one share. The shares of Glaston have been listed into the Helsinki Stock Exchange. Glaston is the glass processing industry’s innovative technology leader supplying equipment, services and solutions to the architectural, mobility, display and solar industries. The company also supports the development of new technologies integrating intelligence to glass.
Case published 27.6.2025
We advised OP-Public Services Real Estate Fund in the sale of a portfolio of six care properties to Aedifica group, a Belgian real estate company specialised in European healthcare real estate, particularly in elderly care. The care properties in this portfolio are located across Finland in Helsinki, Tampere, Kuopio, Tuusula and Kirkkonummi. The portfolio has a total capacity for 233 residents. Aedifica group acquired 100% of the shares of the six real estate companies that own the properties. The total value of the transaction is approximately EUR 37.5 million.
Case published 26.6.2025