The ESG landscape continues to evolve at a rapid pace. The year 2024 marked by significant regulatory developments and shifting priorities across the globe.
26.2.2025
C&S ESG experts author the Finland Chapter for Chambers ESG 2024 Global Practice Guide
Castrén & Snellman’s ESG lawyers Anna Kuusniemi-Laine, Lia Heasman and Laura Vuorinen delved into key trends, regulatory updates, and practical insights within the dynamic field of legal ESG in Finland. Their contributions are featured in the Chambers ESG 2024 Global Practice Guide.
The guide provides the latest legal information and up-to-date commentary on ESG regulatory obligations, green finance and sustainability-linked bonds, ESG due diligence, transparency and reporting requirements, ESG and taxation, climate change activism and ESG litigation.
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Nordea Bank – EUR 150 million new green financing
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
Netel Group – Sale of Finnish Operations
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
Glaston – Reverse share split
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
OP-Public Services Real Estate Fund – Sale of six care properties
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