Helen And Bank of Åland’s Wind Power Fund’s Acquisition of Kalistanneva Wind Farm

Castrén & Snellman advised the group formed by Helen Ltd and the Bank of Åland’s Wind Power Fund Non-UCITS. White & Case and Krogerus advised VALOREM on the deal.

Helen Ltd and the Bank of Åland’s Wind Power Fund Non-UCITS acquired Kalistanneva wind farm from the French VALOREM group.

The investment in renewable energy is a concrete step in Helen’s path towards its aim of being carbon neutral by 2030 and supports its transition to carbon neutral energy production and to diversified energy system.

Helen Ltd is one of the largest energy companies in Finland. In addition to heat, cooling and electricity, it offers solutions for regional and renewable energy, smart buildings and electric transport.

Ålandsbanken Funds Ltd manages the investment funds of the Bank of Åland, and the Bank of Åland’s Wind Power Fund is the first Non-UCITS fund in Finland investing in wind power. Kalistanneva wind farm is the second investment of the fund.

The VALOREM group is an independent French operator in the field of green energy.

The Castrén & Snellman team included Miika Pinomaa (Picture), Tuuli Oikarinen, Sofia Lyyra, Minna Korhonen, Melissa Horsley, Elias Tuomainen, Teresa Kauppila, Vesa Rasinaho, Oskari Jokinen, Vilma Rossi, Sari Laaksonen, Jenni Korhonen, Jenni Korhonen, Joachim Wik and Sanna-Mari Seppälä.

The White & Case team that advised on the transaction was led by partner Carina Radford (London) and included partners Mark Richardson, Sandra Rafferty and Richard Hill (all London), Tanja Törnkvist and Timo Airisto (both Helsinki), Florian Degenhardt (Hamburg) and François-Guilhem Vaissier and partner of counsel Paule Biensan (both Paris), counsel Beate Treibmann (Hamburg) and associates Miles Tonkin, Paddy Mohen, Nick Crawford, Sofia Lambert, Nick Falconer and Heidi Blomqvist (all London), Asta Tukiainen and Henna Viljakainen (both Helsinki) and Omar Sinaceur, Baptiste Ferraud and Alain Chan Hon (all Paris).

The Krogerus team was led by Partner Sami Laine and he was primarily assisted by Associates Linda Härkönen, Sonja Sivén and Jani-Pekka Jussila.

Involved fees earner: Melissa Horsley – Castrén & Snellman; Oskari Jokinen – Castrén & Snellman; Teresa Kauppila – Castrén & Snellman; Jenni Korhonen – Castrén & Snellman; Minna Korhonen – Castrén & Snellman; Sari Laaksonen – Castrén & Snellman; Sofia Lyyra – Castrén & Snellman; Jussi Nieminen – Castrén & Snellman; Tuuli Oikarinen – Castrén & Snellman; Miika Pinomaa – Castrén & Snellman; Vesa Rasinaho – Castrén & Snellman; Sanna-Mari Seppälä – Castrén & Snellman; Elias Tuomainen – Castrén & Snellman; Joachim Wik – Castrén & Snellman; Linda Härkönen – Krogerus Attorneys Ltd; Jani-Pekka Jussila – Krogerus Attorneys Ltd; Sami Laine – Krogerus Attorneys Ltd; Sonja Sivén – Krogerus Attorneys Ltd; Timo Airisto – White & Case; Paule Biensan – White & Case; Heidi Blomqvist – White & Case; Alain Chan Hon – White & Case; Nick Crawford – White & Case; Florian Degenhardt – White & Case; Nick Falconer – White & Case; Richard Hill – White & Case; Sofia Lambert – White & Case; Paddy Mohen – White & Case; Carina Radford – White & Case; Sandra Rafferty – White & Case; Mark Richardson – White & Case; Omar Sinaceur – White & Case; Miles Tonkin – White & Case; Tanja Tornkvist – White & Case; Beate Treibmann – White & Case; Asta Tukiainen – White & Case; Francois-Guilhem Vaissier – White & Case; Henna Viljakainen – White & Case;

Law Firms: Castrén & Snellman; Krogerus Attorneys Ltd; White & Case;

Clients: Helen Oy; VALOREM;

Federica Tiefenthaler

Author: Federica Tiefenthaler