Suomen Voima Oy – Acquisition of additional shares in Pohjolan Voima Oyj

Lieke acted as the legal counsel to Suomen Voima Oy on its acquisition of additional shares in Pohjolan Voima Oyj from Yara Suomi Oy and Yara Suomen Eläkesäätiö.

We acted as the legal advisor to Suomen Voima Oy in its acquisition of Pohjolan Voima Oyj’s B shares and the related financing matters. Pohjolan Voima Oyj is one of Finland’s largest energy producers producing electricity and heat at cost price for the needs of their owners. The shares entitle Suomen Voima Oy to approximately 160 GWh of annual clean baseload production from the Olkiluoto 1 and 2 nuclear power plants located in Eurajoki, Finland. The sellers in the transaction were Yara Suomi Oy and Yara Suomen Eläkesäätiö.

Lieke’s core team comprised Partner Jussi Ekonen and Senior Associate Suvi-Tuuli Saarnio (M&A), and Partner Janne Veneranta and Associate Risto Mynttinen (finance).

For more details, please refer to the press release of Suomen Voima Oy available here.

For more information please contact

Team