Partner Minna Korhonen handles demanding financing assignments, real estate transactions, and insolvency and corporate law assignments
Minna joined Castrén & Snellman in 2018. Before joining the firm, she had worked as counsel at another large law firm, as an associate at a smaller firm and as a lawyer at the Ministry of Foreign Affairs.
Minna is extremely happy in her current position.
‘My experience has been that we have low team boundaries, which makes us a genuine full-service firm. We have been successful in highly demanding projects that require a wide range of expertise. Clients know that we will handle their assignments comprehensively, which is a real benefit. Work days can sometimes be long, but the work itself is interesting and my colleagues are great, which balances things out. Our warm work community, meaningful work and the clients I get to work with are what drive me forward.’
A Transaction Lawyer Through and Through
When she was little, Minna dreamed of being a paediatrician, but does not regret going into business law instead.
What interests Minna in finance is how challenging and complex the assignments are and how different each work day is.
‘Our client might be either a bank or other financial institution providing financing or a company taking out a loan. The work is more than just reviewing financing documentation, it also requires understanding the projects or transactions that are being financed, which can come in all shapes and sizes. We might be working on a real estate development project one day and working to secure financing for a transaction the next. Finance touches on many fields of law, and we often work with our firm’s other teams on assignments. We do a lot of work with our Real Estate Investments & Transactions, Environment, Infrastructure & Natural Resources and Mergers & Acquisitions teams in particular.’
Sustainability Leading the Way Forward
Green financing is a trending topic in the field at the moment along with sustainability issues in general.
Minna notes that financing is a good way to promote sustainable development and combat climate change: every project needs financing, be it an acquisition or a development project.
The pace of change relating to sustainability has been rapid and has an impact on practical client work.
‘Sustainability goals are guiding the operations of an increasing number of companies. Our firm is a forerunner in sustainability matters, which is a huge benefit for our clients. Sustainability in commerce and industry means building good business for the future, and that is something we want to support.’
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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
Swedbank – Refinancing of Trophi’s Finnish retail real estate portfolio
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
HANZA – Acquisition of Fortaco Finland’s heavy mechanics and assembly business
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