Karoliina Kaartinen

Hannes Snellman acted as local counsel to SEB Nordic Energy's portfolio company, Locus Energy AB, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in the establishment of a partnership and cooperation framework with Ingrid Capacity to develop and construct a battery energy storage system (BESS) in the City of Nivala, Finland. Upon completion, this BESS will be the largest of its kind in Finland and one of the largest in the Nordics.

Parties

Locus Energy Ab, SUSI Renewable Energy Fund II

Transaction

Hannes Snellman acted as counsel to Locus Energy Ab, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in its acquisition of portfolio of three operating Finnish wind farms from SUSI Renewable Energy Fund II. The wind farms Pirttiselkä, Leppävirta and Muntila consists of 13 wind turbine generators and contribute approximately 125 GWh in annual production.

Deal Value

Not public

Role

Counsel to Locus Energy Ab, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in its acquisition of portfolio of three operating Finnish wind farms from SUSI Renewable Energy Fund II

Parties

Aneo, Greencoat Renewables

Transaction

Hannes Snellman acted as legal counsel to Aneo, Norway’s second-largest wind power operator, in its acquisition of the 43.2 MW Kokkoneva wind farm from Greencoat Renewables PLC.

Deal Value

Value not public.

Parties 

ib vogt, Renewable Power Capital Nordics

Transaction 

Legal advisor to ib vogt in its disposal of a 50 MW battery energy storage system (BESS) project to Renewable Power Capital Nordics. The BESS project is located in Kalanti, Uusikaupunki, in Southwest Finland, and is ready to be built. It is one of the larger BESS projects in development in Finland.

Deal Value 

Role

Counsel to ib vogt

Parties

Valorem, Tribrid Renewables AB

Transaction

Legal counsel to Valorem in its entry to Swedish market upon the establishment of co-operation framework with Tribrid Renewables AB in relation to development of 1 GW of wind and solar projects in Sweden.

Deal Value

Value not public

Role

Counsel to Valorem

Hannes Snellman acted as counsel to Finnish state enterprise Metsähallitus in the negotiation of contractual arrangements with Vattenfall for the expansion of the Korsnäs offshore wind farm development project.

Parties:

Otava Ltd, Alma Media Corporation

Transaction:

Otava Ltd's mandatory public tender offer for Alma Media Corporation

Deal value: 

EUR 523.7 million

Role:

Counsel to Otava Ltd

Parties:

Sega Europe Limited and SEGA Corporation (Buyers) Rovio Entertainment Corporation (Target)

Transaction:

Counsel to Sega Europe Limited and SEGA Corporation in the recommended public cash tender offer for all shares and options in Rovio Entertainment Corporation.

Deal value: 

Approximately EUR 706 million

Role:

Counsel to Sega Europe Limited and SEGA Corporation

Parties: 

Methode Electronics, Inc., Nordic Lights Group Corporation

Transaction:

Methode Electronics, Inc.'s recommended public cash tender offer for all shares in Nordic Lights Group Corporation

Deal Value:

EUR 132 million

Role:

Counsel to Methode Electronics, Inc.