20.2.2026

C&S authors the Chambers Mining 2026 Global Practice Guide’s Finland Chapter

Castrén & Snellman has authored the Finland Chapter to the Chambers Mining 2026 Global Practice Guide, providing an in-depth analysis of the legal framework and key aspects governing Finland’s mining sector.

The Mining 2026 guide provides a comprehensive overview of the legal and regulatory framework on the mining sector in Finland, including the information on:

  • The mineral rights
  • Environmental protection requirements and community engagement obligations
  • The impact of climate change legislation and ESG considerations on mining operations
  • Mining investments and finance
  • Taxation on mining
  • Trends and developments of Finland’s mining sector

The Finland Chapter delves into the core structure of mining legislation, highlighting the mining sector’s increasingly important role as one of Finland’s key industries, driven by the country’s good geological potential, particularly given its significance in the green transition. It also examines the regulatory and fiscal treatment of mining and exploration, as well as current trends shaping the future of Finland’s mining sector.

The Finland Chapter is now available in the Chambers Mining 2026 Global Practice Guide, an essential resource for mining industry professionals and legal practitioners worldwide.

The Finland Chapter was authored by Castrén & Snellman’s experts Tarja Pirinen, Fiiu Linninen, Marius af Schultén, Konsta Peussa and Noora Ahonen.

Castrén & Snellman advises Finnish and international clients on complex environmental and mining law matters, transactions, financing, dispute resolution and the full scope of business law throughout the entire lifecycle of mining projects.

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