Environment, Energy & Green Transition

Environment, Energy & Green Transition

Castrén & Snellman is recognised as a leader for energy and infrastructure work in Finland. Its strength is apparent across the board.

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We advise our clients in environmental and energy law as well as in green transition projects. 

We handle your project’s permitting and appeal processes on your behalf. Drawing on our strong industry knowledge, our experts will help you in developing green transition projects and drafting related contracts. We support you in all legal issues in the energy market.

We manage the ever-changing regulatory landscape of environmental and energy law on your behalf. We monitor EU regulatory developments to anticipate regulatory changes affecting your business. We act as your strategic speaking partner in project development and on environmental and energy law issues.

The green transition is gathering pace and creating significant new business and growth opportunities for businesses. As an adviser in environmental and energy law, we help clients in identifying and seizing the opportunities presented by the energy transition.

Latest references

Fortum – Sale of recycling and waste business
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
BHP – Alliance agreement with Kingsrose Mining Limited
We acted as the Finnish legal advisor for BHP in connection with an exploration alliance agreement entered into between BHP and Kingsrose Mining Limited under which BHP (through a wholly owned subsidiary) will provide funding for regional mineral exploration across areas of interest in Finland. As part of the arrangement announced on 22 May 2024, BHP and Kingsrose entered into two exploration alliance agreements, focusing on nickel and copper exploration in specified regions in Finland and Norway. In Finland, the alliance agreement covers Kingsrose’s four exploration reservations at the Central Finland project in the Kotalahti Nickel Belt, a 400 kilometre long greenstone belt which hosts the past producing Hitura, Kotalahti and Enonkoski nickel mines. The alliances follow from Kingsrose’s successful participation in the BHP Xplor program, a global accelerator program targeting innovative, early-stage mineral exploration companies to find the critical resources necessary to drive the energy transition. BHP is the largest mining company in the world by market capitalisation, producing essential commodities through its assets, including iron ore, metallurgical coal, copper and nickel, and moving into potash.
Case published 4.7.2024
OP Finland Infrastructure – EUR 50 million investment in Lounea
We acted as legal advisor to OP Finland Infrastructure LP in its investment in Lounea, a Finnish optical fibre operator. The EUR 50 million convertible loan was made available to Lounea’s operative subsidiary Lounea Net Oy for investments supporting the company’s strategic growth. The aim of the investments is to increase fibre network coverage in Finland and develop the Finnish digital infrastructure. Lounea is a Finnish optical fibre operator whose business consists of telecommunications infrastructure and ICT solutions. OP Finland Infrastructure is a fund investing in Finnish infrastructure. The fund is managed by OP Financial Group.
Case published 25.1.2024
Sanok Rubber Company – Acquisition of Teknikum Group
We are advising Sanok Rubber Company S.A. on the acquisition of Teknikum Group Ltd. Teknikum Group is a European polymer technology company serving industrial customers in need of reliable rubber, plastic, silicone, polyurethane, and foam solutions. The group has approximately 600 employees and operates four production plants in Finland and one in Hungary, and a sales office in Germany. Sanok Rubber Company S.A. is the European leader in the field of rubber products, rubber-to-metal articles and combination of rubber with other materials for the automotive, construction, agriculture, pharmacy and household appliances. Sanok Rubber Company S.A. is listed on the Warsaw Stock Exchange and employs more than 3,000 people in Europe and North America. The completion of the transaction, conditional on regulatory approval, is expected to take place in the first half of 2024.
Case published 20.12.2023
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Latest insights

Article published 28.8.2024 – Real Estate Investments & Transactions Building Act brings new climate requirements for construction
Antti Kaakkola
Sonja Leinonen
Jessica Salmia

Antti Kaakkola, Sonja Leinonen & Jessica Salmia

 Article published 27.5.2024 – International Construction & Projects Draft proposal on the new act on offshore wind power in the exclusive economic zone sent out for comments
Samuli Tarkiainen
Kanerva Sunila
Helinä Teittinen
Sonja Leinonen

Samuli Tarkiainen, Kanerva Sunila, Helinä Teittinen & Sonja Leinonen

 Article published 2.2.2024 – Environment, Energy & Green Transition Solar and wind power projects affected by amendments to the Act on Expropriation Permits
Sonja Leinonen

Sonja Leinonen

 Article published 31.1.2024 – Environment, Energy & Green Transition Investments in the green transition require courage and cooperation
Jarno Tanhuanpää

Jarno Tanhuanpää
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