Hannes Snellman Finnish Counsel to Fortum in the Stabilisation Arrangements Related to Uniper
30 September 2022
Hannes Snellman acted as the Finnish counsel to Fortum Oyj in the arrangements related to stabilisation of its German subsidiary Uniper SE. The stabilisation package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees. The transaction is expected to close by the end of 2022.
Our core team comprised Mikko Heinonen, Antti Nyberg, Sonja Siggberg, Klaus Ilmonen, Markus Bremer, Mikko Huimala, Jan Lilius, Mikko Tavast, Matias Moberg, Robert Gordin, and Sofi Lehtinen.