Sustainable Finance

Sustainable Finance

Sustainable finance is a crucial component of the green transition.

Sustainable finance means investing and debt financing, using public or private capital, that takes environmental and social considerations into account. It is the financial market’s response to the emissions reduction targets set in global climate agreements, which require massive, long-term investments in sustainable initiatives. The demand has translated into major changes in legislation, most notably the EU’s sustainable finance package consisting of the Taxonomy Regulation, the Disclosure Regulation and the Low Carbon Benchmark Regulation, which apply automatically to all Member States.

Be it green bonds, ESG-linked lending or other instruments, our team supports you in moving towards sustainability. You can be confident that your project meets the latest sustainability standards.

Latest references

We advised Gasum Oy in a long-term financing arrangement of a total of EUR 565 million with its current lenders. The arrangement includes term loans and revolving credit facilities. It introduced certain sustainability targets, as the margin of the sustainability-linked revolving loan facility is tied to Gasum’s own sustainability goals, which are related to volumes of renewable gas, production of sustainable biogas, and safety. In addition, a part of the term loans is utilised as a green loan to finance Gasum’s strategic investments into increased biogas production both by expanding its production at the existing plants and by constructing new large-scale plants. Nordea acted as coordinator, OP Corporate Bank as sustainability coordinator, and SEB as co-coordinator and agent of the financing arrangement.
Case published 18.6.2024
We acted as legal adviser to Banyan Software on its acquisition of Carus Ferry, a Finland-based provider of reservation, check-in and port operations software for ferry and passenger shipping operators. The acquisition further strengthens Banyan Software’s presence in the Nordic region while providing Carus with a long-term partner to support its continued growth and development. Carus was founded in 1998 and is headquartered in Mariehamn on the Åland Islands, Finland. The company develops mission-critical software for ferry, cruise and passenger shipping operators, covering the full passenger journey from booking and ticketing to capacity management, check-in and boarding. Carus also provides port automation, onboard sales systems and business information tools. The company serves approximately 30 operators across four continents and is the largest vendor by customer count in ferry reservation and departure control. Banyan Software is an acquirer and long-term operator of mission-critical software businesses serving specialised industries. Founded in 2016, Banyan follows a buy-and-hold-for-life approach and supports the long-term growth and development of its portfolio companies. Banyan operates more than 130 portfolio companies across North and South America, the United Kingdom, Europe and APAC. Following the acquisition of Carus, Banyan operates three businesses in the Nordic region.
Case published 20.10.2026
We advised Move Energy as an investor in connection with the combination of 3North Partners Plc and Steady Energy Oy and the related private placement and initial public offering of the combined company on Nasdaq First North Growth Market Finland. In connection with the transaction, 3North Partners received approximately EUR 69.8 million in investor commitments from a group of institutional and other investors, including Move Energy, to fund the combined company. Steady Energy is a Finnish nuclear technology company developing a new generation of small modular reactors (SMRs) particularly suited for district heating. Its LDR-50 reactor is designed to provide cities and utilities with a scalable and low-carbon alternative to combustion-based heat production.
Case published 19.10.2026
We advised Efima Oyj on the sale of its AI business to Better Care Technologies Oy. The transaction included Efima’s Moiva AI platform developed for the care sector, the related technology and brand, customer contracts, and the experts working in the business. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere. 
Case published 21.9.2026