Maria Landtman
Partner | Helsinki@hannessnellman.com
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.
Metsähallitus, Vattenfall
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.
Value not public
Counsel to Metsähallitus
Keliber Oy, Metso Outotec
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 not public
Counsel to Keliber Oy
State of Finland and its Defence Forces
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.
EUR 10 billion
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.
Veolia Services Suomi Oy, Metsä Fibre
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
Value not public
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.
Keliber Oy, Sweco
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 not public
Counsel to Keliber Oy
Remeo Oy
Remeo Oy's construction project of a materials recovery facility.
Approx. EUR 35 million
Counsel to Remeo Oy
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Approx. EUR 300 million
Counsel to City of Espoo
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale’s project financing of Project Piiparinmäki, the largest wind farm in Finland
Value not public
Counsel to DekaBank Deutsche Girozentrale
Counsel to Pankaboard Oyj in the outsourcing of steam production to Adven Oy
Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)
Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY
Value not public
Counsel to Eurus Energy Holdings Corporation
Veolia, Neste and Borealis
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
Approximately EUR 350 million
Counsel to Veolia
Project development
Project finance
Project development : Mining
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."