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Setterwalls advised Arise in connection with its acquisition from Bergvik Skog and divestment to BlackRock of the wind farm Svartnäs

04 Jul 2017

Setterwalls advised Arise AB (publ) in connection with the transactions in the projekt. Arise has acquired the wind farm from Bergvik Skog and developed the project. Thereafter Arise has divested the ready-to-build-projekt to a fund managed by BlackRock, the world's largest asset manager. Vestas will deliver 32 Vestas 3,6 MW wind turbines, and an agreement regarding sale of electricity and certificates has been entered into with Statkraft.

Setterwalls' team comprised Jonas Frii (partner in charge), Elin Hjort, Jakob Ekesbo and Ebba Svenburg.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Energy & Utilities
News Category
Real Estate & Construction
M&A
Energy, Utilities & Natural Resources