“As amateurs, Gunns relied too much on Jaakko Poyry, who were in the business of selling them a pulp mill and damn the consequences. Poyry’s recommended mill was too big for the island and certainly too big for Gunns.”

“GUNNS Ltd appears to have cleared another hurdle in its bid to build a controversial $1.4 billion pulp mill in Northern Tasmania — by brokering a finance deal. Finnish company Poyry Capital Ltd is believed to have clinched the lucrative contract after Gunns failed to secure an Australian based lender.”

“Pöyry Capital is the investment banking arm of the Pöyry Group. The Pöyry Group is a client and technology oriented globally operating consulting and engineering firm with offices in 45 countries.”

“Some info about Jaakko Poyry: “Gunns Limited does not conduct its IIS without expert help. It has engaged Finnish consultants Jaakko Poyry. Jaakko Poyry conducted the feasibility study for Gunns that led the Tasmanian company to say it believed it could build and operate a mill…”