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

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

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.

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.

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.

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.

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

Hannes Snellman acts as counsel to Microsoft in Finland.

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.

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.

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.

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

Parties 

Remeo Oy

Transaction 

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

Value

Approx. EUR 35 million

Role 

Counsel to Remeo Oy

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

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

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

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

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

Project development

• "Professional."
• "Availability, adaptability and proactiveness in proposing solutions to negotiation deadlocks."
• "Hannes Snellman has great expertise in environmental law and administrative processes and they have an ability to think outside the box and find unusual solutions for us where needed."
• "Excellent understanding of our line of business. Practical and solution-orientated approach which is still based on very high level legal expertise."
• "Large team with wide expertise in various legal aspects."

Project finance

• "Professional."

Project development : Mining

• "Broad and deep skills. Devoted, loyal. Good network. Highly qualified partners and associates."

Project development : Energy

• "Professional and positive attitude."

• "They have good market insight, clear arguments and they hold the contract structure together well."

• "The firm has an outstanding, full-service energy and infrastructure practice with a professional, knowledgeable and very solution-focused team."

• "Proactive, practical and take a business view in helping to conclude negotiations looking at what can be conceded and what protections should be retained."

• "The firm has provided us with excellent advice on a very wide range of topics, from land lease agreements and permitting processes to financing and construction. The responses we get to our inquiries are accurate, understandable and based on solid experience."

Project development: Infrastructure 

• "Quick response time, high-quality work, wide areas of expertise, listens to the client's needs."

• "Excellent knowledge of the construction law field, hands-on approach to managing contract content and negotiations with both excellent tracking of open issues and ability to make proposals to reach a balanced solution."

• 'Offers support at every stage of the procurement process, with notable experience in regulated sectors such as life sciences and telecoms. Also offers litigation services relating to judicial review proceedings, and claims for damages and civil litigations.'
• '"The team has broad and deep competence within our business area, which means short lead times when we need support and someone is always accessible when we contact the firm."
• "Apart from the deep knowledge of public procurement, the team also provides advice on strategic questions regarding specific issues and when to move forward."'
• 'Clients say that Joakim Lavér is "one of the best in Sweden regarding procurement - he can see solutions in all issues."'