Highlight 9 February 2024

Krogerus advises Helen on its investment in a 40 MW electricity storage system

Krogerus advises Helen on the transaction whereby Helen will invest in a 40 MW electricity storage system located in Nurmijärvi, Finland. The electricity storage system has been developed by Evli Renewable Energy Infrastructure Fund II, which upon completion of the transaction will remain as the co-investor in the project.

The electricity storage capacity of the system is 73 MWh, which makes it one of the largest energy storages in Finland, and the planned extension of the electricity storage system would double its initial capacity.

Krogerus team is led by Partner Sami Laine, and he is primarily assisted by Counsel Essi Launonen and Associates Sonja Sivén and Saara Kinnunen. Partner Simo Autio, Counsel Alina Böling and Associate Oskar Kaskela are advising on competition law related matters.

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