Sonja Leinonen

Associate, Master of Laws

I advise our clients in matters related to the environment, infrastructure and natural resources as well as industrial projects and energy law assignments.

Initially I joined Castrén & Snellman as a trainee. Prior to graduating, I also worked at another major law firm on questions related to energy law and wind power and in the Unit for Sustainable Development and Climate Policy of the Ministry for Foreign Affairs of Finland.

I graduated from the University of Helsinki where I wrote my master’s thesis on the international regulation of underwater noise caused by shipping.

I am currently on family leave.

Latest references

We are acting as the lead counsel to Fortum in a cross-border transaction in which Fortum is selling its recycling and waste business. The business is sold to thematic impact investing firm Summa Equity through its portfolio company NG Group. The debt-free purchase price is approximately EUR 800 million. The transaction is subject to authority approval and customary closing conditions. Fortum’s recycling and waste business to be sold comprises municipal and industrial waste management and end-to-end plastics, metals, ash, slag and hazardous waste treatment and recycling services. These businesses are located in Finland, Sweden, Denmark and Norway and currently employ approximately 900 employees.
Case published 18.7.2024
We are advising Kemijoki Oy as the company is exploring the possibility of building pumped storage hydropower plants as part of its existing production infrastructure in Northern Finland. The socially significant project enables safe energy transition and would have a significant role in mitigating climate change. The 200–600 MW pumped storage power plants explored by Kemijoki Oy would increase the regulating capacity of hydropower in Finland by up to 4,000 MW. The increase is exceptionally significant since Finland’s current hydropower capacity, which is mainly regulatable, is 3,100 MW. The scale of the project is also reflected in the fact that the nominal capacity of the company’s largest operating hydropower plant, Petäjäskoski hydropower plant, is 182 MW. The scale of the possible investment totals up to 3 billion euros. The production of weather-dependent wind and solar power will increase significantly in Finland. This requires ensuring sufficient production capacity that can be regulated, and hydropower is the most important form of such production. The overall generating capacity of pumped storage hydropower is on the rise in Europe and elsewhere in the world, reducing the need of fossil fuels. The pumped storage plant consists of two reservoirs that will help the plant to produce power when demand is high by running water through turbines down from the upper reservoir to the lower reservoir. When demand for electricity is low, the pumped storage plant will pump water back up into the upper reservoir.
Case published 29.5.2023
We are advising Nevel Oy in the implementation of energy infrastructure services in Veitsiluoto in Kemi, northern Finland. Nevel will purchase the area’s district heating business from Stora Enso. The acquisition will ensure the continuity of the service for the local households and real estate. Nevel has signed a contract to supply the energy to the Stora Enso Veitsiluoto sawmill and plans to invest in a new 11 MW biofuel boiler plant and flue gas condenser at the Veitsiluoto sawmill, which will reduce emissions from heat production. Nevel has also agreed to supply renewable textile and fashion technology company Infinited Fiber Company with energy and water utilities for their new processing plant at the Veitsiluoto site. Infinited Fiber Company is planning to convert a paper factory previously operated by Stora Enso on the site into a textile fiber production plant. This will be the company’s first commercial-scale plant. The fiber production processes require steam energy and water purification. Among other services, Nevel is set to supply Infinited Fiber Company with energy and water utilities. Energy provided will be renewable, reducing emissions from heat production. Nevel is a utility infrastructure company offering advanced industrial and municipal infrastructure solutions that are fit-for-purpose and future-proof. Nevel operates more than 130 energy production sites and manages over 40 district heating networks. The company has an annual turnover of EUR 100 M, and employs 150 experts in Finland, Sweden, and Estonia. Infinited Fiber Company is a fashion and textile technology company. Its breakthrough innovation turns cellulose-rich materials – like worn-out clothes – into InfinnaTM, a premium textile fiber.
Case published 23.6.2022
We advised Rudus Oy in the acquisition of TerraWise Oy’s stone aggregates business. Rudus Oy is the leading specialist in the market of stone-based building materials and solutions operating in Finland’s building product industry. This business acquisition supplements the stone aggregates business of Rudus while strengthening and expanding its offering, particularly in the Helsinki Metropolitan Area. Since 1999, Rudus has been a part of the Irish CRH Group, a global operator in the building materials industry. CRH operates in 28 countries and has 71,000 employees in approximately 3,155 locations. CRH is the largest building materials company in North America and the second largest in the world.
Case published 13.6.2022
We advised Keva in a transaction in which a 50% ownership stake in the Swedish district heating and cooling company Stockholm Exergi Holding AB (publ) will be acquired by a group of long-term European institutional investors. The consortium comprises APG, Alecta, PGGM, Keva and AXA. The total consideration is approximately EUR 2.9 billion based on a 100% enterprise value of approximately EUR 7.1 billion. In 2020, Stockholm Exergi’s heating and cooling sales were 7.6 TWh and power sales 0.7 TWh. The consortium’s investment in Stockholm Exergi represents a significant milestone in their commitment to significantly reduce CO2 emissions. Stockholm Exergi has a fantastic track record of growth, leadership in ESG and delivering and developing customer centric solutions like Carbon Capture and Storage, all of which are driving the long-term sustainable energy transition of Stockholm and the region. The consortium intends to grow the Company by investing significant capital, targeting to enhance the environmental sustainability and efficiency of its heating plants and district heating networks.
Case published 1.7.2021
We represented Voima Ventures in the Series A funding round of Aisti Corporation. Aisti’s EUR 29 million funding round will support the construction of its first commercial factory in Kitee, Finland, enabling the company to scale production. Other investors include Maki.vc and Valve Ventures Consortium among others. Voima Ventures is a venture capital fund investing in top scientific deep tech ventures in the Nordics and Baltics. Aisti Corporation is an acoustic tiles manufacturer with sustainability and functionality at heart. Aisti’s acoustic tiles are made from highly renewable wood fibres. With the factory in Kitee, the company plans to achieve a production capacity of 2.5 million square meters annually.
Case published 13.12.2024
We are acting as Finnish advisor to Hanza AB relating to its acquisition of all the shares in Leden Group Oy. Hanza AB is a Swedish mechanical engineering and electronics contract manufacturing company listed on the Stockholm Stock Exchange. Founded in 2008, the company has six manufacturing clusters in Sweden, Finland, Germany, Baltics, Central Europe and China and an annual turnover of approximately SEK 4.6 billion. Leden Group is a leading Finnish contract manufacturer specialising in sheet metal, machining and complex assembly. Leden Group has four production sites in Finland and one in Estonia and an annual turnover of approximately SEK 1.1 billion.  The closing of the transaction remains subject to authority approval and customary conditions.
Case published 13.12.2024
We assisted Smarter Contracts Ltd in the process where the Finnish Transport and Communications Agency Traficom confirmed it to be an EU-recognised data intermediation service. Non-EU companies must have a legal representative in some EU country so that they can offer data intermediation services in accordance with the Data Governance Act. Smarter Contracts is based in Great Britain and selected Finland for the task. Smarter Contracts is the first non-EU data intermediation service registered by Traficom. Wayne Lloyd, Founder & CEO of Smarter Contracts, remarked:  The support from the Castrén team was exceptional from start to finish. Pioneering new territory is never without its challenges, and as the first non-EU data intermediation service provider, we faced significant legal uncertainties. Despite these complexities, the Castrén team expertly guided us through each step with remarkable efficiency, providing the certainty we needed. Smarter Contracts leverages its proprietary Pulse Permissions Protocol® to deliver advanced consent and access rights management services. This milestone highlights Castrén & Snellman’s proficiency in navigating intricate regulatory landscapes, whilst recognising the relevance of Smarter Contracts’ innovative approach to secure, compliant data management.
Case published 11.12.2024