"Exilion Invests €17 Million in Finnish Energy Storage Facility with Legal Support from Hannes Snellman"

"Hannes Snellman provided legal advice to Exilion, a Finnish renewable energy investor, on its EUR 17 million investment in a 30 MW/66 MWh energy storage facility in Mäntyharju. The facility, set to be operational in 2026, will enhance electricity market stability. The legal team supported contract negotiations with Merus Power."

Hannes Snellman advised Exilion, a leading Finnish renewable energy investor, on its investment into an energy storage facility, while Merus Power was the counterparty in the transaction. The transaction involved Exilion's approximately EUR 17 million investment into a 30 MW/66 MWh energy storage facility located in Mäntyharju. The facility, expected to be operational in 2026, will provide critical balancing capacity to the electricity market and enhance power system stability. Hannes Snellman provided legal advice on negotiating construction, supply, services, and transaction contracts. The core team from Hannes Snellman was led by Katja Heikkinen (Partner) and Maria Landtman (Partner), and included Emmi Nuutila (Associate), Harri Vehviläinen (Associate), Piia Ahonen (Associate), Aleksi Maunumäki (Associate), Jenny Karlsson (Associate), and Oona Aalto (Associate).

"Exilion Invests €17 Million in Finnish Energy Storage Facility with Legal Support from Hannes Snellman"

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