Castrén & Snellman received the award for Scandinavian Law Firm of the Year at the Women in Business Law Awards Europe 2021. In addition, the firm was awarded as the best national firm in the Mentorship Programme category, and Partner Merja Kivelä received the award for Equity Capital Markets Lawyer of the Year.
28.6.2021
Women in Business Law Awards Europe 2021: Castrén & Snellman Scandinavian Law Firm of the Year
Castrén & Snellman is committed to promoting gender equality, and over half of our lawyers are women. Our work to promote diversity and support personnel’s work-life balance are part of our overall sustainability programme, which took some major steps forward in 2020.
‘Gender equality is a core principle at C&S. We are very proud of these achievements, but it is important that we not rest on our laurels and also remember that equality goes beyond equality between the genders. It is vital that we treat everyone equally and ensure all of our employees have equal opportunities to advance in their careers and develop their expertise’, says Managing Partner Sakari Lukinmaa.
The Women in Business Law Awards Europe celebrates the efforts and achievements of law firms across Europe in helping women to advance in the legal profession and spotlight the most impressive achievements by women lawyers.
Best Mentorship Programme – Easing Day-to-Day Family Life
We support our employees in balancing family life and work, for example, by offering mentoring to employees’ returning from parental leave. This mentoring takes the form of peer support and sharing of best practices on how to balance the demands of work and family. The mentors are mothers or fathers who have also recently returned to work from parental leave.
Our firm also supports personnel in continued academic study, professional training, work-experience and through a wide-range of internally organised training, mentoring and coaching opportunities.
Merja Kivelä – Equity Capital Markets Lawyer of the Year
One of the Finland’s most experienced capital markets lawyers, Partner Merja Kivelä, received the Equity Capital Markets Lawyer of the Year award. Merja was recently recognised as one of the Women Leaders 2021 by IFLR1000. One of the most significant cases that Merja has led recently is the merger of Cargotec and Konecranes, where C&S acted as advisor to Cargotec.
See all the winners on the IFLR website.
The awards are organised by Legal Media Group, which contains IFLR, ITR and Managing IP. The winning individuals and firms are decided by senior Euromoney Legal Media Group editorial staff following an extensive research process.
Latest news
Latest references
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