03 Nov 2025

"Borenius Advises Neoen on €200M Innovative Warehouse Facility for European Renewable Energy Projects"

"Borenius provided legal advice to Neoen on Finnish law aspects for a EUR 200 million innovative warehouse facility aimed at securing medium-term funding for a diversified European portfolio of renewable energy projects, including wind farms, solar farms, and battery storage facilities. The financing was supported by ING Wholesale Banking, BNP Paribas CIB, and HSBC Corporate and Institutional Banking, contributing to Europe's energy transition."

Borenius, a Finnish law firm, advised Neoen on Finnish law aspects in relation to an innovative EUR 200 million warehouse facility. The financing was provided by ING Wholesale Banking, BNP Paribas CIB, and HSBC Corporate and Institutional Banking. The transaction involved the establishment of a EUR 200 million warehouse facility designed to provide medium-term funding for a diversified European portfolio of projects. The facility offers flexibility to finance assets across multiple countries, including wind and solar farms as well as battery storage facilities, contributing to Europe’s energy transition. The Borenius team included Niina Nuottimäki (Partner, Banking & Finance), Ben Fallström (Senior Associate, Banking & Finance), and Saara Cousins (Senior Associate, Banking & Finance), all based in Helsinki.
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