31.5.2022

Six C&S Lawyers Receive Recognition in the Latest Who’s Who Legal Editions

Who’s Who Legal (WWL) has recognised Castrén & Snellman’s Partners and co-heads of our Dispute Resolution service Anders Forss and Marko Hentunen as Thought Leaders in Finland in commercial litigation.

The latest edition of WWL Thought Leaders: Commercial Litigation 2022 brings together some of the world’s foremost commercial litigation lawyers. Avni Patel, Head of Research at Who’s Who Legal, points out that entry into WWL’s guides is no easy feat. The final list is compiled based on numerous mentions by other experts and their experience of legal advice as well as on the recognised lawyers’ ability to innovate and inspire. Read the full edition here.

WWL M&A & Governance also ranks four of our firm’s lawyers among the best in the world. The ranking is the result of the opinions of our firm’s clients and of experts in the legal field.

The M&A section of this edition identifies Partner Jan Örndahl, head of our Mergers & Acquisitions service, among the best in Finland.

The Corporate Governance section of this edition has once again included Senior Advisor Pekka Jaatinen and Partner Pauliina Tenhunen on its list. Senior Counsel Vesa Rasinaho is the third C&S lawyer listed in this edition.

Our firm and our experts have also previously been ranked high by Who’s Who Legal. The full results are available on the website of Who’s Who Legal.

Who’s Who Legal identifies the foremost legal practitioners in multiple areas of business law every year. In total, the site features over 24,000 of the world’s leading private practice lawyers and 2,500 consulting experts from over 150 national jurisdictions.

Latest references

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
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
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