Energy Solutions

Energy Solutions

In today’s world, energy is everyone’s business. With ever more emphasis being put on corporate responsibility and ethical values, no company should overlook the significance of its energy solutions to its business and brand value.

Our energy lawyers have been involved in the vast majority of renewable energy projects in Finland over the past years.

Our lawyers are well versed in the specialised legal issues facing the energy industry and have wide-ranging, practical, international experience of the energy sector. We are two steps ahead of the energy market and are able to help you meet your needs for tomorrow’s energy solutions.

Latest references

Nscale – Data centre project

Castrén & Snellman advised Nscale, a European AI infrastructure company, in connection with its planned data centre project in Harjavalta, Finland. The facility will be located in the Sievari industrial area. Castrén & Snellman’s advisory role encompassed the negotiation and execution of a site securing and development agreement (SSDA) with Fortum, as well as the preliminary land sale process for the Sievari site with the Town of Harjavalta. Under the SSDA, Fortum supports the advancement of Nscale’s project development, including grid connection design and permitting.

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.

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.

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.

Latest insights

26.10.2026 – FDI Regulatory Service Reform of Finnish FDI screening moves forward: significant changes and broader scope

Kiti Karvinen

Joachim Wik

Johanna Kyllöinen

Kiti Karvinen, Joachim Wik & Johanna Kyllöinen

1.10.2026 – Financial Regulation New EU-driven banking M&A rules entered into force in Finland on 1 October 2026

Hannu Huotilainen

Hannu Huotilainen

24.9.2026 – Environment, Energy & Green Transition Electricity Market Act: Proposed priority procedure to significantly change new electricity network connections in situations of scarce capacity

Marius af Schultén

Kanerva Sunila

Samuli Tarkiainen

Jonas Holm

Noora Ahonen

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11.9.2026 Finland proposes a new data centre register – draft legislation open for comments

Marius af Schultén

Antti Kaakkola

Samuli Tarkiainen

Mikko Alakare

Janne Juusela

Jerker Pitkänen

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