Banking & Finance

Banking & Finance

They have a wide range of experts, and they are flexible and able to provide support on short notice. They understand the core idea of our business.

Chambers Europe

Successful financing projects call for a balance of market knowledge, innovation and pragmatism. 

We are a forerunner in finance, and have an unrivalled track record of new financial instruments and financing agreements. Our large team and efficient processes guarantee that we can scale our services to any project. Our goal is to be your trusted advisor, a partner who thoroughly understands your goals and your business. Our in-depth knowledge of market practices and first-tier expertise ensure that the solutions we provide are always to the point and designed specifically to serve your goals.

The Legal 500, IFLR1000, Chambers Europe, Chambers Global and Prospera rank our services as one of Finland’s best.

Latest references

Rabobank – Financing arrangement for Olana Energy
Castrén & Snellman acted as legal advisor to Coöperatieve Rabobank U.A. in its capacity as sole lender and hedging bank providing senior financing to Olana Energy for a Battery Energy Storage Systems (BESS) portfolio in Finland. Our advice included preparing a legal due diligence report on the projects as well as advising on the negotiation of the various finance and project agreements. Olana Energy is a management-owned fast-growing independent power producer with an international pipeline of over 1 GW. The diversified portfolio of assets ranging from 5 to 30 MW reinforces the Finnish grid at a granular level.
Case published 18.11.2025
CapMan Real Estate – Acquisition of a High-Quality Residential Asset
We advised CapMan Real Estate in the acquisition and financing of a high-quality residential asset located in Katajanokka, Helsinki.  The asset was acquired from the Finnish Seamen’s Service Bureau (MEPA).  The property consisting of 38 modern rental apartments with a parking garage was completed in 2017. The building features high-quality construction, modern floorplans, and well-designed communal areas including a gym and rooftop sauna premises, and blends with the area’s historic maritime character. The residential asset is located in the prestigious Katajanokka seaside district of central Helsinki, known for its architectural heritage and proximity to the city centre. The property has a high ESG profile which will be further improved by CapMan Real Estate.
Case published 6.11.2025
Suomen Aurinkovoima – Financing arrangement to build solar parks
Castrén & Snellman acted as legal advisor to Suomen Aurinkovoima Oy and its owners in a financing tender process and a financing arrangement implemented with Danske Bank to secure financing for the company’s future solar park projects. Suomen Aurinkovoima, established by Oulun Seudun Sähkö, Oulun Energia, Vantaan Energia and Savon Voima, is a company focused on increasing domestic solar power. The company manages solar park projects from planning to implementation and maintenance, and its goal is to build dozens of new solar parks across Finland by 2030.
Case published 22.10.2025
Funders – EUR 665 million refinancing arrangement for Nevel
We acted as the Finnish legal counsel for the funders to Nevel Oy in a EUR 665 million refinancing arrangement through a mix of multicurrency bank loans and private placement notes. Nevel is a utility infrastructure company offering advanced industrial and real estate infrastructure solutions that are fit-for-purpose and future-proof. The transaction supports Nevel’s growth strategy and its goal to help customers to achieve climate goals.
Case published 20.8.2025
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Latest insights

Article published 21.5.2025 – Banking & Finance Sustainable finance reimagined: What you need to know about the 2025 updates to green, social, and sustainability-linked loan principles
Minna Korhonen
Anna-Sofia Alahuita

Minna Korhonen & Anna-Sofia Alahuita

 Article published 20.1.2025 – Banking & Finance The LMA’s new model provisions for green loans and green loan terms promote sustainable finance
Minna Korhonen
Anna-Sofia Alahuita

Minna Korhonen & Anna-Sofia Alahuita

 Article published 2.10.2024 – Banking & Finance Sustainable finance is vital for achieving the objectives of the green transition
Minna Korhonen

Minna Korhonen

 Article published 16.9.2024 – Banking & Finance Private credit – an alternative to bank financing
Tero Tuomisto
Minna Korhonen
Jenny Shahnovskij

Tero Tuomisto, Minna Korhonen & Jenny Shahnovskij
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