HPP advises Fintoil Oy in a project to build a crude tall oil refinery in Hamina. The construction of the biorefinery will begin once the company has received environmental and building permits, estimated in late 2020 at the earliest, and the biorefinery will start up at the Hamina oil port in 2022. Crude tall oil […]
HPP has advised a Korean consortium of investors and fund managers on the acquisition of a part of the Taaleri Group’s Finnish wind farm investment portfolio. Funds managed by Taaleri have agreed to sell their shares in the Nyby and Myllykangas wind farms to a consortium of Korean institutional investors. The Korean investors, led by […]
HPP advised NCC in the sale of its wind farm construction business in Finland to Siikajoen Betonityö Oy, which is part of Seinäjoen Betonitukku group.
HPP was pleased to assist long-standing client, the Element Power group, a leading global renewables developer investor, on the disposal of certain of its Finnish assets in 2 transactions. The first transaction involved the sale of project assets and development rights concerning the Kangastuuli and Navettakangas wind farms, from the Element Power-owned project company Kangastuuli […]
HPP assisted Nasdaq Helsinki listed Neste Oyj in the negotiations with Fortum concerning a Corporate PPA with a term of 12 years, according to which Neste purchases approximately 70% of production at the Kalax wind farm, currently under construction in Närpes, Ostrobothnia. The total capacity of the agreement is more than 60 MW, and […]
HPP acted as lead counsel and advisor to Aquila Capital in a EUR 47,500,000 cross-border refinancing arrangement with Skandinaviska Enskilda Banken AB (Publ), relating to two operational wind farms located near the city of Oulu, Finland. The wind farms are featured with Vestas turbines V112 and V126 with an aggregate capacity of 53 MW and […]
HPP acted as lead Finnish counsel to Social Impact Ventures NL, the Dutch impact investor, on its co-investment, alongside PDENH, on its investment into electricity grid balancing service provider Sympower. Sympower has entered the grid balancing markets in Finland, Sweden, Estonia and the Netherlands with an innovative platform for balance management.
HPP acted as Finnish counsel to OGCI Climate Investments, a growth investor in sustainable technologies, on its €8M investment into Norsepower Oy, the leading provider of low maintenance, software-operated, data-verified auxiliary renewable wind energy propulsion systems. OGCI Climate Investments invested along with current investors, in order to accelerate Norsepower’s growth on global markets. The investment […]
HPP is assisting Kymenlaakson Jäte Ltd in a project where it is tendering out and building a thermal power plant, which uses primarily recycled woodchips, to its waste centre in Keltakangas. The entire power plant includes two boilers, which both has the capacity of 4 megawatts. The constructions of the power plant will be finished […]
HPP assisted Prokon Finland on the divestment of a majority stake in Project Mutkalampi, a wind farm under development in the region of Ostrobothnia, Finland with an expected capacity of about 250 MW. Prokon press release