Parties:

Gasgrid Finland Oy, Excelerate Energy

Transaction:

Gasgrid Finland Oy's chartering of an LNG Floating Storage and Regasification Unit from Excelerate Energy.

Deal Value:

EUR 460 million

Role:

Counsel to Gasgrid Finland Oy

Parties 

Enersense International Oyj, Megatuuli Oy

Transaction 

Enersense International Oyj, a provider of zero-emission energy solutions, has signed an agreement on acquiring shares of the onshore wind farm developer Megatuuli Oy.

Deal Value 

Role

Counsel to Enersense International

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

BlackRock Real Assets (Buyer), Green Horizon Renewables a.s. and other minority investors (Sellers), Mikana portfolio (Target)

Transaction

BlackRock Real Assets’ acquisition of the Mikana portfolio, which consists of an existing operational project of 20 MW and four wind development projects with a capacity of 200 MW, from Green Horizon Renewables a.s. and other minority investors

Deal Value 

Value not public

Role

Counsel to Green Horizon Renewables a.s. and other minority investors

Parties 

YIT Oyj, OX2

Transaction 

YIT Oyj's disposal of Finland’s largest wind power development project to OX2. The project consists of 72 wind turbine construction locations with the required permits, enabling a total capacity of approximately 400 MW, and the construction of a new 400-kV transmission line.

Value

Value not public

Role 

Counsel to YIT Oyj

Parties 

Oy Linde Gas Ab (Buyer), Neste Markkinointi Oy (Seller), Neste’s cylinder gas business and stake in Oy Innogas Ab (Targets)

Transaction 

Oy Linde Gas Ab’s acquisition of Neste Markkinointi Oy’s cylinder gas business and Neste Markkinointi Oy's stake in Oy Innogas Ab, a provider of LPG cylinder filling, requalification and logistics services.

Value

Value not public

Role 

Counsel to Oy Linde Gas Ab

Parties 

YIT Oyj, Ålandsbanken Wind Power Fund  

Transaction 

YIT Oyj's wind power development project with Ålandsbanken Wind Power Fund, where YIT agreed to sell the project, deliver the balance of plant construction works and manage the construction of the wind farm until commencement of the operation. The aggregate maximum production capacity of the project is 90 MW.

Value

Value not public

Role 

Counsel to YIT Oyj

Parties 

Tornator Oyj, OX2

Transaction 

Tornator Oyj's disposal of a wind development project portfolio to OX2. The portfolio comprises development phase wind parks with an aggregate maximum production capacity of 600 MW, representing approximately MEUR 600 investments when in operation

Value

EUR 600 million

Role 

Counsel to Tornator Oyj

Parties 

TrønderEnergi AS, Scandinavian Biogas

Transaction

The Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.

Deal value 

Value not public 

Role

Swedsih counsel to TrønderEnergi AS

Parties

Exilion Tuuli (Buyer), St1 (Seller)

Counsel to Metsähallitus in its divestment of the development stage wind power project of Tolpanvaara comprising up to 22 wind turbine positions to Enefit Green, a renewable energy subsidiary of the Estonian state-owned energy group Eesti Energia.

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

Fortum Recharge AS, Infracapital, Fortum

Transaction

Infracapital in the acquisition of 63% of Fortum Recharge AS with subsidiaries.

Deal Value 

Value not public

Role 

Swedish and Finnish counsel to Infracapital

Parties

YIT Corporation, Suomen Hyötytuuli Oy

Transaction

YIT's divestment of a pre-construction stage wind power project of Peuralinna to Suomen Hyötytuuli Oy

Deal Value

Value not public

Role

Counsel to YIT Corporation

Counsel to LähiTuuli in the development and divestment of a pre-construction stage wind power project of Metsälamminkangas to OX2.

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

Parties

CapMan Infra (Bidder), Elenia Group (Target)

Transaction

CapMan Infra signed to invest in Elenia, a leading Finnish electricity network and district heat company

Deal Value

EUR 70 million

Role

Counsel to CapMan Infra

Parties

SUSI Partners AG (Buyer), Ilmatar Windpower Plc (Seller), Tetrituuli Wind Farm (Target)

Transaction

SUSI Partners AG’s acquisition of Tetrituuli Wind Farm from Ilmatar Windpower Plc

Deal Value

Value not public

Role

Counsel to SUSI Partners AG

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

Metsähallitus (Seller), Taaleri Plc private equity fund and Loiste Energia Oy (Buyers)

Transaction

Metsähallitus' divestment of wind farm project to Taaleri Plc private equity fund and Loiste Energia Oy

Deal Value

EUR 110 million

Role

Counsel to Metsähallitus

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

Parties

Vossloh Rail Services International GmbH and VR Track Oy

Transaction

Establishment of a joint venture structure for rail welding business operations in Finland

Deal Value

Value not public

Role

Counsel to Vossloh Rail Services International GmbH

Parties

Vossloh Nordic Switch Systems AB and VR Track Oy

Transaction

Combination of the parties’ turn-out and installation service businesses in Finland into a joint venture structure

Deal Value

Value not public

Role

Counsel to Vossloh Nordic Switch Systems AB

Counsel to Metsähallitus in its divestment of two pre-construction stage wind power projects (envisaged to comprise a total of 64 wind power plants with an aggregate output of approximately 166 megawatts) to a JV owned by Taaleritehtaan Tuulitehdas II Ky and Loiste Energia Oy.

Counsel to a multinational company in a public procurement case concerning automated metro railway system – the value of the procurement totalling MEUR 180

Counsel to an international constructor in a public procurement dispute concerning the construction of a harbour, the value of the entire project exceeding EUR 260 million. In an important precedent, the Market Court sustained our client’s appeal, finding that the contracting entity was not allowed to preclude our client from the bidding processes.

Counsel to several regions in Sweden with advice on the way in which the regions should organise themselves due to the entry into force of the new Public Transport Act.

Counsel to other transport authorities in other regions with advice in connection with transport procurement of transport services and agreements for the acquisition of trams.

Counsel to the contracting entity against another governmental organization in a precedential damages litigation based on purported breach of public procurement rules in a competitive bidding for the construction of a motor highway, the value of which exceeded MEUR 50.

Counsel to a Finnish aviation company in a landmark case against the Finnish Civil Aviation Administration regarding compensation for damages caused by discrimination in public procurement proceedings. Our client won the case in the Court of Appeal, which ordered that substantial damages be paid to our client.

Counsel to a multinational company in a dispute concerning air transport services for Finnish State officials. Our client won the case in the Supreme Administrative Court, receiving the largest compensation payment imposed in Finland to date on the basis of infringement of public procurement rules.

Counsel to a Finnish construction company in a high-profile public procurement dispute concerning the design, construction and financing of an underground bus terminal, the value of which exceeded MEUR 100. The court decided the case in favour of our client, who was thus able to proceed with its largest-ever construction project.

Counsel to a multinational company in a public procurement case concerning unmanned metro rails – the value of the procurement totalling MEUR 150.

Counsel to the contracting entity in a landmark Finnish alliancing project in which the alliance model was deployed for the first time in Finland – the value of the procurement totalling MEUR 90.

Counsel to the Perm Region Government in a concession project on the construction of a bypass road and bridge (Perm Eastern Bypass). The concession project, amounting to EUR 500 million, started in 2012 and is still on-going.

Counsel to the Finnish Transport Agency in the service agreement signed between the Finnish Transport Agency and Tieyhtiö Vaalimaa Oy for E18 Hamina–Vaalimaa motorway.

Counsel to the City of Espoo in its PPP school project. Value of the project is expected to be in excess of EUR 100 million.

Counsel to a turn-key supplier of a nuclear power plant in its bids to and negotiations with Teollisuuden Voima (TVO) regarding its planned new Olkiluoto 4 nuclear power plant (on-going).

Counsel to SL in three different long-term (20 years) contracts with Stockholm Vatten AB/Scandinavian Biogas AB, Fortum AB and Käppalaförbundet regarding the supply of biogas to SL’s bus depots.

Counsel to a public sector contracting entity for the construction of a major waste to energy power plant.

Counsel to the contracting entity at the Supreme Administrative Court in a public procurement case concerning utilisation of waste as energy. This is one of the largest public procurement matters that have been the subject of legal proceedings in Finland – the value of the procurement totalling MEUR 282.

Counsel to a Finnish municipal waste management enterprise in a public procurement case concerning the construction of a Waste-to-Energy plant – the value of the procurement totalling MEUR 130.

• 'The firm is highly recommended by one client for its "in-depth knowledge of commercial and contractual practices as well as the legal framework in the field of energy." The same client further highlights the firm for being "highly solution-oriented and providing excellent, practical advice."'
• 'Another describes the practice as "an excellent team with industry knowledge."'

• 'One client is "exceptionally pleased with the services they have provided," praising the team's "in-depth knowledge of Finnish legislation" and ability to "keep an ear to the ground for the local variations."'

• 'Clients appreciate the team's "wide area" of specialisms and add: "In all significant areas for us they have been a very supportive and skilful resource."'
• 'Another interviewee praises the "impact of the lawyers on the project as well as their expertise in energy market issues."'

• 'Rabbe Sittnikow at Hannes Snellman Attorneys receives international recognition for his experience handling major infrastructure and energy deals, having advised on numerous electricity distribution network deals and nuclear power plant projects.'

• ‘Hannes Snellman is able to offer its Finnish clients a truly regional service. As a full service firm the team is also able to deliver a breadth of services across the full spectrum of energy and infrastructure projects.'

• 'The energy and infrastructure team at Hannes Snellman is led by partner Rabbe Sittnikow. The firm welcomed two new faces to its practice recently who have been able to settle into the team this year. Partner Tapio Teräkivi arrived from Castrén & Snellman in November 2013 while counsel Klaus Metsä-Simola was brought in during December of that year.