Services

Projects & Construction

Our Projects & Construction team advises project sponsors, lenders, acquirers, corporates, and contractors on all aspects of projects and project financings, for instance, in the energy and infrastructure sectors, including industrial and energy outsourcing. We are experienced in structuring and establishing partnership models, including various forms of public-private partnerships and alliance models and joint ventures, conducting due diligence reviews, drafting and negotiating the full spectrum of bankable project documents and financing and security agreements, and coordinating projects.

We also advise employers, contractors, engineers, and consultants on standalone construction and engineering projects, including turnkey EPC contracts and EPCM agreements in respect of, for instance, power plants and industrial facilities, O&M contracts, and the procurement of large equipment, machinery, and industrial systems. In addition, our team advises on standalone commodity supply agreements including corporate power purchase agreements.

We know our way around standardised forms of contract, such as the internationally used FIDIC suite of contracts as well as the Finnish YSE 1998 and KSE 2013 terms, and we also advise on project-specific bespoke solutions. An important goal for us is to help clients prevent resource-intensive and lengthy litigation following the completion of a project. To reach this goal, our Dispute Resolution team supports the project team in agreement drafting and assists clients during the execution of a project in claims management and strategic decision-making.

The Projects & Construction practice is a part of our cross-border Real Assets service concept combining our offerings to the Environment & Natural Resources, Infrastructure & Energy, Projects & Construction, and Real Estate sectors into a coordinated, multi-disciplinary advice to our clients. The team also co-operates closely with for instance our Finance, Tax and Technology practices to provide an integrated service.

References

Parties:

Metsähallitus, Vattenfall

Transaction:

Counsel to the Finnish state enterprise Metsähallitus in the joint venture entered into with Vattenfall concerning Finland’s first large-scale offshore wind farm. Our assignment, commenced in 2021, entailed all legal aspects of the structured sales process followed by the creation of the joint venture and the contractual framework steering the development.

Deal Value: 

Value not public

Role:

Counsel to Metsähallitus

Tapio Teräkivi

Tapio Teräkivi

Partner | Helsinki
tapio.terakivi@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Tuire Kuronen

Tuire Kuronen

Partner | Helsinki
tuire.kuronen@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Katja Heikkinen

Katja Heikkinen

Managing Associate | Helsinki
katja.heikkinen@hannessnellman.com
Kaisa Himmanen

Kaisa Himmanen

Senior Associate | Helsinki
kaisa.himmanen@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com
Julia Ranta

Julia Ranta

Associate | Helsinki
julia.ranta@hannessnellman.com
Sonja Sivén

Sonja Sivén

Associate | Helsinki
sonja.siven@hannessnellman.com
Salla Mäki

Salla Mäki

Senior Legal Assistant | Helsinki
salla.maki@hannessnellman.com
Vivi Jaatinen

Vivi Jaatinen

Legal Assistant | Helsinki
vivi.jaatinen@hannessnellman.com

Parties 

Keliber Oy, Metso Outotec

Transaction 

Counsel to Keliber in respect of the construction and supply contracts pertaining to the company’s lithium project in Central Ostrobothnia, Finland. The project is one of the most significant battery chemical projects in Europe. Keliber has now signed a contract with Metso Outotec to supply a concentrator plant in Kaustinen and a lithium hydroxide plant in Kokkola, which is one of the key deliveries in respect of the project.

Value

Value not public

Role 

Counsel to Keliber Oy

Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com
Kristina Leibssle

Kristina Leibssle

Senior Associate | Helsinki
kristina.leibssle@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com

Parties 

State of Finland and its Defence Forces

Transaction 

Counsel to the State of Finland and its Defence Forces in the project to procure a fighter aircraft system to replace its current fleet of 64 F/A-18 Hornet aircraft.

Deal value 

EUR 10 billion

Role 

Counsel to the State of Finland and its Defence Forces.

Rabbe Sittnikow

Rabbe Sittnikow

Partner | Helsinki
rabbe.sittnikow@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Janna Pihanurmi

Janna Pihanurmi

Associate | Helsinki
janna.pihanurmi@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com
Jesper Nevalainen

Jesper Nevalainen

Partner | Helsinki
jesper.nevalainen@hannessnellman.com
Markus Manninen

Markus Manninen

Partner | Helsinki
markus.manninen@hannessnellman.com
Olli Mäkelä

Olli Mäkelä

Senior Associate | Helsinki
olli.makela@hannessnellman.com
Mikko Huimala

Mikko Huimala

Partner | Helsinki
mikko.huimala@hannessnellman.com
Antti Nyberg (Alanko)

Antti Nyberg (Alanko)

Partner | Helsinki
antti.nyberg@hannessnellman.com
Matias Moberg

Matias Moberg

Managing Associate | Helsinki
matias.moberg@hannessnellman.com
Anni Ollus

Anni Ollus

Compliance Assistant | Helsinki
anni.ollus@hannessnellman.com
Nora Mansikka

Nora Mansikka

Legal Assistant | Helsinki
nora.mansikka@hannessnellman.com
Jessica Riipi

Jessica Riipi

HR Assistant | Helsinki
jessica.riipi@hannessnellman.com

The electricity to be sold by Exilion under the 10-year PPA will be produced in Exilion’s Ii Palokangas wind farm, which is under construction in Northern Ostrobothnia.

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com

Counsel to OX2 in respect of the construction contracts for full grid and balance of plant (including transmission line, balance of plant works, substation, and transformers) in respect of the 145,2 MW Niinimäki wind farm in the municipality of Pieksämäki, Finland.

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com

Counsel to Exilion in the Construction and Financing of Isokangas and Palokangas Wind Farms. The projects will be constructed in Ii in northern Ostrobothnia, Finland, and will have an aggregate capacity of 100MW. The estimated yearly production of the two wind farms will be around 320,000 MWh. Our team advised Exilion in respect of negotiating turbine supply and services, balance of plant and financing agreements.

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Heikki Majamaa

Heikki Majamaa

Specialist Partner | Helsinki
heikki.majamaa@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Katja Heikkinen

Katja Heikkinen

Managing Associate | Helsinki
katja.heikkinen@hannessnellman.com
Valerie Wårvik

Valerie Wårvik

Associate | Helsinki
valerie.warvik@hannessnellman.com
Milla Männistö

Milla Männistö

Associate | Helsinki
milla.mannisto@hannessnellman.com
Julia Ranta

Julia Ranta

Associate | Helsinki
julia.ranta@hannessnellman.com
Tiia Mäki

Tiia Mäki

Associate | Helsinki
tiia.maki@hannessnellman.com

Parties:

Veolia Services Suomi Oy, Metsä Fibre

Transaction:

Veolia Services Suomi Oy’s project to build a crude methanol processing plant in connection with Metsä Fibre's Äänekoski bioproduct mill plant in Äänekoski

Deal Value:

Value not public

Role:

Counsel to Veolia Services Suomi Oy

Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com
Kristina Leibssle

Kristina Leibssle

Senior Associate | Helsinki
kristina.leibssle@hannessnellman.com
Anna-Maria Tamminen

Anna-Maria Tamminen

Partner | Helsinki
anna-maria.tamminen@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Päivi Tammilehto

Päivi Tammilehto

Counsel | Helsinki
paivi.tammilehto@hannessnellman.com

Hannes Snellman acts as counsel to Microsoft in Finland.

Matti Lajunen

Matti Lajunen

Partner | Helsinki
matti.lajunen@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Heidi Haanpää

Heidi Haanpää

Partner | Helsinki
heidi.haanpaa@hannessnellman.com

Acted as counsel to OX2 in respect of the construction contracts for full grid and balance of plant (including transmission lines, balance of plant works, substations and transformers) in respect of a 455 MW wind farm in Lestijärvi, Finland. Once operational, the wind farm will be the largest in Finland.

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com

Hannes Snellman has been engaged by the Finnish state enterprise Metsähallitus in the Korsnäs offshore wind power development project. The envisaged minimum nominal capacity of the project is 1300 MW, entailing 70–100 turbines with a capacity of 12–20 MW each.

Tapio Teräkivi

Tapio Teräkivi

Partner | Helsinki
tapio.terakivi@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com

Counsel to OX2 in respect of the balance of plant construction contracts for a portfolio of onshore wind projects in Finland with a capacity totalling 154 MW. The portfolio encompasses wind farms Merkkikallio, Puutikankangas and Rustari in the Ostrobothnia, North Ostrobothnia and South Ostrobothnia regions of Finland.

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com

Parties 

Keliber Oy, Sweco

Transaction 

Keliber signed an engineering, procurement, and construction management (EPCM) contract with Sweco in respect of a project, which comprises a concentrator plant and lithium mines in Kaustinen, Kokkola and Kruunupyy, and a lithium hydroxide plant in Kokkola.

Value

Value not public

Role 

Counsel to Keliber Oy

Juha Lindström

Juha Lindström

Partner | Helsinki
juha.lindstrom@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com

Parties 

Remeo Oy

Transaction 

Remeo Oy's construction project of a materials recovery facility.

Value

Approx. EUR 35 million

Role 

Counsel to Remeo Oy

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Noora Britschgi

Noora Britschgi

Senior Associate | Helsinki
noora.britschgi@hannessnellman.com

Parties

City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II

Transaction

The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres

Deal Value

Approx. EUR 300 million

Role

Counsel to City of Espoo

Team

Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér

Rabbe Sittnikow

Rabbe Sittnikow

Partner | Helsinki
rabbe.sittnikow@hannessnellman.com
Janna Pihanurmi

Janna Pihanurmi

Associate | Helsinki
janna.pihanurmi@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Roosa Väre

Roosa Väre

Senior Associate | Helsinki
roosa.vare@hannessnellman.com
Markus Bremer

Markus Bremer

Partner | Helsinki
markus.bremer@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Heikki Vesikansa

Heikki Vesikansa

Partner | Helsinki
heikki.vesikansa@hannessnellman.com
Harri Vehviläinen

Harri Vehviläinen

Specialist Partner | Helsinki
harri.vehvilainen@hannessnellman.com
Piia Ahonen

Piia Ahonen

Specialist Partner | Helsinki
piia.ahonen@hannessnellman.com
Joakim Lavér

Joakim Lavér

Partner | Stockholm
joakim.laver@hannessnellman.com

Parties

DekaBank Deutsche Girozentrale

Transaction

DekaBank Deutsche Girozentrale’s project financing of Project Piiparinmäki, the largest wind farm in Finland

Deal Value

Value not public

Role

Counsel to DekaBank Deutsche Girozentrale

Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Markus Bremer

Markus Bremer

Partner | Helsinki
markus.bremer@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Marjaana Martikainen

Marjaana Martikainen

Counsel | Helsinki
marjaana.martikainen@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Noora Britschgi

Noora Britschgi

Senior Associate | Helsinki
noora.britschgi@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com
Valerie Wårvik

Valerie Wårvik

Associate | Helsinki
valerie.warvik@hannessnellman.com

Counsel to Pankaboard Oyj in the outsourcing of steam production to Adven Oy

Mikko Heinonen

Mikko Heinonen

Partner | Helsinki
mikko.heinonen@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Johanna Haltia-Tapio

Johanna Haltia-Tapio

Specialist Partner | Helsinki
johanna.haltia-tapio@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Jenni Parviainen

Jenni Parviainen

Managing Associate | Helsinki
jenni.parviainen@hannessnellman.com
Noora Britschgi

Noora Britschgi

Senior Associate | Helsinki
noora.britschgi@hannessnellman.com
Kaisa Himmanen

Kaisa Himmanen

Senior Associate | Helsinki
kaisa.himmanen@hannessnellman.com
Sami Niemi

Sami Niemi

Associate | Helsinki
sami.niemi@hannessnellman.com

Parties

Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)

Transaction

Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY

Deal Value

Value not public

Role

Counsel to Eurus Energy Holdings Corporation

Rabbe Sittnikow

Rabbe Sittnikow

Partner | Helsinki
rabbe.sittnikow@hannessnellman.com
Tapio Teräkivi

Tapio Teräkivi

Partner | Helsinki
tapio.terakivi@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Heikki Majamaa

Heikki Majamaa

Specialist Partner | Helsinki
heikki.majamaa@hannessnellman.com
Janne Veneranta

Janne Veneranta

Managing Associate | Helsinki
janne.veneranta@hannessnellman.com
Katja Heikkinen

Katja Heikkinen

Managing Associate | Helsinki
katja.heikkinen@hannessnellman.com

Parties

Veolia, Neste and Borealis

Transaction

A transaction creating a JV with Neste and Borealis to build a new combined heat and power plant and produce and supply steam and other utilities to Neste's refinery and Borealis' petrochemical plant in Porvoo, Finland

Deal Value

Approximately EUR 350 million

Role

Counsel to Veolia

Tapio Teräkivi

Tapio Teräkivi

Partner | Helsinki
tapio.terakivi@hannessnellman.com
Tuire Kuronen

Tuire Kuronen

Partner | Helsinki
tuire.kuronen@hannessnellman.com
Heikki Vesikansa

Heikki Vesikansa

Partner | Helsinki
heikki.vesikansa@hannessnellman.com
Heikki Majamaa

Heikki Majamaa

Specialist Partner | Helsinki
heikki.majamaa@hannessnellman.com
Katja Heikkinen

Katja Heikkinen

Managing Associate | Helsinki
katja.heikkinen@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Johanna Haltia-Tapio

Johanna Haltia-Tapio

Specialist Partner | Helsinki
johanna.haltia-tapio@hannessnellman.com
Anna-Maria Tamminen

Anna-Maria Tamminen

Partner | Helsinki
anna-maria.tamminen@hannessnellman.com

Main Contacts

Maria Landtman

Partner | Helsinki
maria.landtman
@hannessnellman.com

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo
@hannessnellman.com

Tapio Teräkivi

Partner | Helsinki
tapio.terakivi
@hannessnellman.com

Fredrik Olsson

Managing Partner | Stockholm
fredrik.olsson
@hannessnellman.com

Martin Rifall

Partner | Stockholm
martin.rifall
@hannessnellman.com

Team

Rauli Elenius

Rauli Elenius

Associate | Helsinki
rauli.elenius@hannessnellman.com
Peter Forsberg

Peter Forsberg

Partner | Stockholm
peter.forsberg@hannessnellman.com
Claes Kjellberg

Claes Kjellberg

Partner | Stockholm
claes.kjellberg@hannessnellman.com
Tuire Kuronen

Tuire Kuronen

Partner | Helsinki
tuire.kuronen@hannessnellman.com
Maria Landtman

Maria Landtman

Partner | Helsinki
maria.landtman@hannessnellman.com
Joakim Lavér

Joakim Lavér

Partner | Stockholm
joakim.laver@hannessnellman.com
Carolina Lefort Ahokanto

Carolina Lefort Ahokanto

Senior Associate | Helsinki
carolina.lefortahokanto@hannessnellman.com
Kristina Leibssle

Kristina Leibssle

Senior Associate | Helsinki
kristina.leibssle@hannessnellman.com
Klaus Metsä-Simola

Klaus Metsä-Simola

Partner | Helsinki
klaus.metsa-simola@hannessnellman.com
Emmi Nuutila

Emmi Nuutila

Senior Associate | Helsinki
emmi.nuutila@hannessnellman.com
Fredrik Olsson

Fredrik Olsson

Managing Partner | Stockholm
fredrik.olsson@hannessnellman.com
Katja Perätalo

Katja Perätalo

Specialist Partner | Helsinki
katja.peratalo@hannessnellman.com
Rabbe Sittnikow

Rabbe Sittnikow

Partner | Helsinki
rabbe.sittnikow@hannessnellman.com
Tapio Teräkivi

Tapio Teräkivi

Partner | Helsinki
tapio.terakivi@hannessnellman.com
Martin Rifall

Martin Rifall

Partner | Stockholm
martin.rifall@hannessnellman.com