Green
Transition

From planning large-scale renewables projects to investing in the development of technologies which decarbonise existing processes, HPP is the right legal partner to provide pragmatic and practical advice on the expanding range of legal issues concerning the green transition. 

Your legal partner for building a more sustainable future and supporting the green transition

Addressing climate change requires co-ordinated action at local, national, and global levels to mitigate greenhouse gas emissions, adapt to climate impacts, and build resilient and sustainable societies.

The green transition represents a fundamental shift towards more sustainable and responsible business practices that prioritise environmental stewardship, social equity, and long-term economic viability. By embracing the green transition, businesses can create value, enhance competitiveness, and contribute to a more sustainable future.

The green transition impacts various aspects of a company’s operations, including production processes, design, energy efficiency and consumption, waste management, and corporate governance. Forward-thinking clients are already implementing sustainable supply chains and circular economic practices, designing and launching eco-friendly products and services and taking concrete steps to achieve carbon neutrality and net zero targets by defined dates.

These steps must incorporate an evolving blend of innovation, the development and implementation of new technology implementation, while taking into account regulatory compliance and transparency requirements, both for relevant authorities, as well as shareholders and other stakeholders.

Corporate General Counsel and the Boards to which they report, need the right legal support to manage their green transition strategy, create value through well-considered green transition strategies and policies and mitigate legal and business risks.

HPP’s Green Transition Team is the right partner to support the business aims embodied in your green transition strategy. Our integrated team has advised on many ‘first-of-a-kind’ projects and investments in Finland. HPP has been noted in the Legal 500 EMEA Green Guide for its longstanding experience in advising on sustainability and green transition issues and is consistently ranked as one of the leading green transition law firms in Finland.

HPP supports throughout the whole project lifecycle, from permitting, development to finance, construction and operation

energy

HPP has true expertise in advising on the full suite of project agreements including all forms of energy PPAs, having advised both producers and offtakers, giving it an understanding of the key drivers for both parties in complex commercial scenarios.

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Our M&A team has extensive experience in advising on transactions from equity investment to support companies developing decarbonisation technologies to acquiring and financing project SPVs at various stages of the project lifecycle.

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Our Finance team is highly experienced in advising on both borrower and lender mandates in high-value finance packages, with particular expertise in project financing and securing debt financing provided by some of Europe’s leading lenders.

HPP's energy team seems to have wide expertise beyond sector limits and the support of experts in other HPP teams when needed. No question has ever been left unanswered.

chambers europe

Top Tier legal partner for your green transition projects and strategies

HPP is a Top Tier legal partner for renewable energy projects and transactions including onshore and offshore wind, solar, hydrogen, biogas and energy storage.  HPP has an excellent understanding of the commercial drivers and regulatory issues involved in all types of PPAs, including virtual PPAs.

We have the largest dedicated land use and regulatory team in the Finnish law firm market with lawyers who have a wide knowledge and practical understanding of the development and operation of Finnish renewable projects, something we know is of significant benefit to our clients during time-sensitive transaction processes.

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Energy and Renewables, Environment and Natural Resources, Transactions

HPP advised Commerz Real on acquisition of Finnish 39.9 MW wind farm

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Energy and Renewables

HPP advised VSB Group in the sale of the Karahka and Juurakko wind farms

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Banking and Finance, Energy and Renewables

HPP advised private bank Berenberg in the financing of the Takanebacken wind farm

One of the standout qualities of HPP is their exceptional understanding of the market, which is particularly noteworthy in the legal aspects of the energy sector. Their deep knowledge of legislation and regulations in this field is unparalleled.

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Expertise on ESG related financing solutions and agreements

Demand for climate and environmentally friendly solutions and innovations is high. HPP is closely following the sustainability indicators and ESG policies being developed and introduced. Major Finnish banks have committed to the UN’s Principles for Responsible Banking, and their strategy and practice will have to align with sustainability goals and, among others, the Paris Climate Agreement.

In practice, these sustainability-related principles are currently applied in the due diligence process, as well as to new financial products. For example, green bonds, loans and margin grids are already based on sustainability indicators such as carbon dioxide emission levels. Our experienced team will guide you through different sustainable financing options for your green transition projects. 

helping with Environmental questions

We have long-standing and highly recognised Tier 1 expertise in infrastructure, land use and permitting processes. We are a trusted partner for real estate development, construction contracts and tendering processes in sectors such as construction, mining and extraction.

The EU Critical Raw Materials Regulation aims to strengthen the EU’s capacity at the different stages of the value chain (extraction, processing and recycling) of the identified critical raw materials. Our experts will guide you through both EU and recently revised national legislation, the Finnish Mining Act and the Mining Mineral Tax Act.

Related Insights

Finland Government Programme issued in June 2023 is that Finland will become a leader in clean energy and climate footprint. Read our latest views on the discussion.

energy market overview

What are current hot topics in the energy and natural resources in the market in Finland? Read our overview and find out! 

ENVIRONMENTAL LAW IN FINLAND 2024

Our multidisciplinary team provided their insight by contributing to Finnish chapter of Chambers Environmental Law Guide

green recognition

HPP Attorneys has been noted for its work and engagement with sustainability among key law firms in Finland in the Legal 500 EMEA Green Guide.

One of the best law firms in Finland on the energy and natural resources sector.

chambers europe

Ensure sustainable and compliant processes in everyday business

Sustainability issues are embedded in all business activities and, with regulation, will also broaden the scope and understanding of due diligence. They also relate to many different areas of law and business; such as human resources, data protection and privacy, and taxation.

Through monitoring and reporting, sustainability issues have a direct impact on the reputation and value of companies and their business.

HPP’s multidisciplinary team will assess your business from the required perspectives and identify the relevant regulatory and business needs and risks. 

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RESPONSIBLE employment

Sustainability in workplaces and labour practices encompasses a range of issues that are crucial to creating a balanced, fair and environmentally responsible working environment. These include, for example, health and safety at work, work-life balance, equality and privacy.

Whether your challenges are related, for example, to change management and co-operation negotiations or outsourcing of employees, equal pay, supply chain or GDPR regulations, our employment law experts can help you interpret the latest regulations and resolve related issues.

ESG AND COMPLIANCE

EU’s Corporate Sustainability Reporting Directive (CSRD) is standardising non-financial reporting across the EU, making sustainability reporting more comparable and reliable. Corporate Sustainability Due Diligence Directive (CSDDD) aims to ensure that large companies operating in the EU market incorporate due diligence processes into their operations.

This includes, for example, identifying and addressing human rights and environmental risks in their supply chains, integrating due diligence into corporate policies and management systems, and reporting on their due diligence efforts and their impact, and it will have a great influence on supply chains and also smaller companies.

EU AND REGULATORY

HPP’s EU, Competition and Regulatory law practice group is a leading team within its field of expertise in Finland.

Our team advises clients on the whole spectrum of competition law-related (anti-trust, merger control, state aid/foreign subsidies regulation) and other regulatory issues, offering a solution-oriented approach to support businesses. We regularly assist clients on competition law-based and other regulatory requirements (in particular, foreign direct investment) relating to green transition and sustainability projects (such as the permissibility of competitor cooperation aimed at achieving sustainability objectives).

Green Transition

Key Global ESG Contacts

Andrew

Cotton

Partner

Malin

Holm

Senior Counsel

Outi

Iso-Markku

Partner

Laura

Leino

Partner

Björn

Nykvist

Partner

Antti

Säiläkivi

Partner

our corporate responsibility

At HPP, sustainability is based on our values and corporate responsibility principles. As a law firm, we are committed to the Finnish Bar Association’s Proper Professional Conduct for Attorneys-at-Law, which has always been at the core of our business. Our values; trust, partnership and equality, are also fundamental to our day-to-day activities.

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