Legal Counsel - Corporate Finance

Stegra, the Swedish green industrial pioneer formerly known as H2 Green Steel, is hiring a Legal Counsel - Corporate Finance in Stockholm. This is not just another in-house legal role; it's a front-row seat to one of Europe's most ambitious climate-industrial projects. The position offers an unusual blend of equity and project debt financing work, with direct exposure to senior leadership, export credit agencies, and large-scale green technology investments.

Why Stegra's Green Steel Revolution Is a Legal Frontier

Stegra's mission is to eliminate nearly all carbon emissions from steel production, a sector responsible for around 7-8% of global CO2 emissions. The company is constructing a first-of-its-kind integrated plant in Boden, Sweden, using green hydrogen and renewable electricity instead of coal. For legal professionals, this is uncharted territory: the financing structures required for such a mega-project are as innovative as the technology itself. The Legal Counsel - Corporate Finance will be at the centre of those structures, handling everything from equity raises to multi-tranche debt packages with export credit agencies and public funding bodies.

“At Stegra, we’re not just building a plant, we’re proving that sustainable industry is possible.”

This role demands a lawyer who is not only technically brilliant but also commercially curious, resilient, and able to operate in a fast-paced, evolving environment. The legal team works as an integral part of the business, not a back-office silo.

The Role: Broad Exposure Across the Full Capital Stack

The job description makes it clear that this is a deep and broad role. You will report to the Head of Legal - Corporate Finance & Company Secretary, and work alongside the Lead Counsel for Project Finance. Core responsibilities span both equity and debt finance:

• Equity financing: supporting capital raises, share issuances, and shareholder documentation.
• M&A and joint ventures: due diligence, transaction structuring, and negotiation.
• Off-balance-sheet financing and outsourcing: structuring complex arrangements.
• Company secretarial: board materials, resolutions, governance compliance.
• Project debt financing: loan agreements, security documents, ECA and public funding conditions.
• Intercreditor arrangements: coordinating multi-party lender agreements.
• External liaison: managing lenders' counsel, ECA counsel, technical and insurance advisers.
• Compliance monitoring: covenants, reporting obligations, and regulatory requirements.

This is not a narrow, siloed legal position. You will be involved in the whole lifecycle of financing transactions—from term sheet to execution—and will see the direct impact of your work on the largest industrial investment in Sweden's recent history.

What Will Set You Apart

While the minimum qualifications include an LL.M. and at least five years of transactional experience, Stegra is looking for candidates who bring more than just standard corporate finance skills. The ideal profile includes:

• Experience in both equity and debt financing, plus M&A.
• Project finance, structured finance, or exposure to capital-intensive projects.
• Joint venture structuring and negotiation.
• Familiarity with export credit agency (ECA) structures.
• Company secretarial or corporate governance experience.
• Understanding of project finance security and intercreditor mechanics.

But even if you don't tick every box, the company explicitly encourages applications from candidates who share the passion but may not meet every qualification—especially women and underrepresented groups. This is a forward-thinking employer that values potential and diversity as much as experience.

Why This Role Is a Career Catalyst

For a lawyer with transactional acumen, this position offers a unique career trajectory. The exposure to a single, massive project with a complex capital stack means you'll gain experience that would take years to accumulate in a traditional law firm or in-house role. You will:

• Work directly with senior stakeholders across finance, tax, treasury, and project delivery.
• Coordinate multiple external advisers simultaneously under tight deadlines.
• Help build legal processes and playbooks for a growing global company.
• Be part of a pioneering effort to decarbonize heavy industry.

The professional network you build—from ECAs to top-tier law firms—will be invaluable for the rest of your career. And because Stegra is rapidly expanding, there are likely to be significant progression opportunities for the right candidate.

Life at Stegra: Stockholm Work, Nature-Led Benefits

The role is based in Stegra's modern Stockholm office on Norra Stationsgatan, close to Karolinska University Hospital. The office is designed for collaboration, with hybrid working options. Benefits go beyond the typical package:

“You can enjoy perks like subsidized gym memberships and bike leases, plus the everyday benefits of life closer to nature.”

The company offers up to 30 days of paid vacation, a full occupational pension, parental benefits, and comprehensive insurance. If you are moving to Sweden, their relocation team will assist with permits, housing, and visas. For those who value work-life balance and outdoor life, Sweden—and Stegra's culture—offers a unique blend of professional intensity and personal wellbeing.

How to Prepare Your Application

To stand out as a candidate, tailor your application to the green industrial context. Stegra is not a traditional bank or steel company; it's a climate-tech scale-up. Emphasise any experience with:

• Project finance or infrastructure finance.
• Sustainability-linked financing or ESG frameworks.
• Multi-jurisdictional transactions.
• Dealing with complex contractual structures.
• Working independently and thriving in ambiguous, fast-moving settings.

Your CV should highlight specific deals where you played a central role, ideally with quantified outcomes. Also, prepare to discuss why you're passionate about the energy transition—this is a mission-driven organization, and cultural fit is key.

The application deadline and direct application link are not specified in the public posting, so candidates are advised to monitor Stegra's official careers page. Since the posting is on LinkedIn, you can also apply directly there, but checking the company's website ensures you don't miss any additional instructions.

Frequently Asked Questions

1. What is the most important qualification for this Legal Counsel role?

Beyond the required five years of transactional experience, the ability to handle both equity and debt finance matters independently is crucial. Stegra also values exposure to project finance and a commercial, collaborative mindset. Candidates who demonstrate initiative and adaptability will be prioritised.

2. Does Stegra offer relocation support for international candidates?

Yes, the company explicitly states that its relocation department will guide successful candidates through permits, housing, and other practical matters. This makes the role accessible to lawyers from around the world, provided they are fluent in English.

3. What is the salary and benefits package?

While no specific salary figure is listed, Stegra promises fair, competitive compensation aligned with Swedish collective agreements. Benefits include 30 days of paid vacation, occupational pension, parental benefits, insurance, gym subsidies, and bike leases.

4. Is this a hybrid or fully office-based role?

The job description mentions a modern Stockholm office with hybrid working options. The exact split is likely flexible, but being present in Stockholm is essential for collaboration with the legal team and business stakeholders.

This is a rare opportunity for a corporate finance lawyer to combine high-level technical work with a mission that has genuine global impact. If you have the legal expertise and the vision to build a sustainable future, Stegra wants to hear from you.