What impact will our decisions today have 30 years from now? This question is at the heart of the Suomi 2049 podcast series. Castrén & Snellman contributes to the discussion on topics such as how work will change in the future, how sustainable development can be achieved, what lies ahead for Europe and how sports can make the world a better place. With experts from different fields, we ask what role Finland can take in this globalised world.
28.10.2019
Suomi 2049 Podcast Asks What Finland’s Formula for Success Might Be in the Future
Tune in with five of our partners: employment law expert Outi Tähtinen, sustainability specialist Anna Kuusniemi-Laine, data and technology expert Eija Warma-Lehtinen, tax expert and football referee Mikko Alakare and Managing Partner Sakari Lukinmaa.
The eight episodes, which are hosted by futurist Mika Aaltonen, feature guests such as MP Elina Lepomäki; Jyri Häkämies, Director General of the Confederation of Finnish Industries EK; ice hockey legend Erkka Westerlund; and Antti Palola, Director General of the Finnish Confederation of Professionals STTK.
The series is available in Finnish on multiple platforms, including Spotify, iTunes and Google Podcast. Join us and listen to what the future might look like!
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Nala Renewables – Development, acquisition and financing of battery energy storage system (BESS) project
We advised Nala Renewables on the Finnish law aspects of the development, acquisition and financing of its battery energy storage system (BESS) project in Vuolijoki, Finland. The project comprises a 125 MW / 250 MWh battery energy storage system. Our advice extended beyond financing to the transaction’s legal due diligence and the acquisition of the project company. We also advised on key project contracts and financing documentation for the project finance facilities provided by Coöperatieve Rabobank U.A. The project is part of Nala Renewables’ growing portfolio of battery storage assets in Finland and the wider Nordic region, supporting the integration of renewable energy and contributing to the flexibility and stability of the Finnish electricity grid.
Case published 3.11.2026
Foundation Clinic – Funding Round
We advised Foundation Clinic in connection with its funding round backed by a group of prominent Finnish technology entrepreneurs and investors, including founders behind Supercell and Wolt. Foundation Clinic is a Finnish healthcare company developing a new approach to private healthcare focused on preventive, data-driven and continuous care. The company aims to combine comprehensive health data with ongoing medical care to identify and address health risks at an early stage.
Case published 29.10.2026
Delta Capacity – Project financing of two battery energy storage systems (BESS)
We advised Delta Capacity AG in a project financing of two battery energy storage systems (BESS). The financed projects are among the largest BESS developments in Finland to enter construction with 250 MW / 600 MWh combined capacity. The financing was provided by Société Générale with support from Finnvera. Construction of both projects, located in Lapinlahti and Teuva, has already begun and the commercial operations are targeted to commence in late 2027 with partial tolling agreements already in place for both assets. The project in Lapinlahti is executed in partnership with Covenergo, while the project in Teuva is executed in partnership with Strioga Family Foundation. Delta Capacity is a Swiss developer of utility-scale battery storage systems. The projects strengthen Delta Capacity’s growing Nordic portfolio and support the flexibility of Finland’s electricity system by adding energy storage capacity, enabling production optimization as well as participation in electricity markets and reserve services.
Case published 28.10.2026
Martela Corporation – Directed share issue and combination of share series
We acted as legal adviser to Martela Corporation in its directed share issue, through which Martela raised gross proceeds of approximately EUR 7.2 million to strengthen the company’s financial position and liquidity and to create headroom for continuing the necessary development and efficiency measures. In connection with the directed share issue, Martela’s unlisted series K shares, which carried greater voting rights, were combined with its listed series A shares. Following the combination, the company has only one share series, which is traded on the regulated market maintained by Nasdaq Helsinki Ltd, with each share carrying one vote and otherwise identical rights. Martela is a Nordic leader specialising in user-centric working and learning environments. With over 80 years of experience, Martela creates the best places to work and offers its customers the Martela Lifecycle solutions which combine furniture and related services into a seamless whole.
Case published 27.10.2026