Krogerus advises Terrafame on the divestment of its internal electricity network

Krogerus advised Terrafame on the divestment of its high and medium voltage electrical grid assets forming Terrafame's internal electricity network in the Sotkamo industrial site to Aurora Infrastructure Oy. The arrangement frees up capital for growth investments related to the implementation of the company’s strategy, including announced LEACHMAX investment programme to expand its primary leaching area. Terrafame will continue to operate and maintain the electricity network. Earthworks for the new primary leaching heap 5 will proceed during the summer of 2026 and will be ready for production use in early 2027.

Terrafame is a global pioneer in the responsible production of battery chemicals and enhances low-carbon mobility by delivering responsibly produced battery chemicals to the global battery industry. Terrafame’s net sales in 2025 were EUR 556.1 million. Aurora Infrastructure is a leading company in designing, financing, building, owning and operating industrial scale electrical infrastructure in the Nordic countries.

The Krogerus team was led by Partner Ville Hailikari and he was primarily assisted by Counsel Essi Launonen and Associates Henrik Haijanen, Nelli Kolunsarka and Aada Nokkala. Partner Ritva Aalto advised on tax matters and she was assisted by Senior Associate Anniina Konttinen.