Sweden

The Swedish State has entered into an agreement to acquire 60 per cent of the shares in Videberg Kraft AB, a joint venture with the Industrial Consortium Industrikraft i Sverige AB and Vattenfall AB as other shareholders. Videberg Kraft AB intends to build and operate new nuclear power reactors on the Värö Peninsula in Varberg Municipality. The Swedish state, Industrikraft and Vattenfall AB have agreed on the main terms and conditions for risk-sharing and financing of the nuclear power project, including state aid that the government must notify to the European Commission for state aid review. Gernandt & Danielsson's client Industrikraft consists of ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso and the Volvo Group. Gernandt & Danielsson advises Industrikraft with a team led by partner Mats Hugoson, assisted by partners Björn Svensson and Pär Johansson, senior associates Robin Skoglund Rovén and Amanda Alexandersson and associate Samuel Gilljam.

On 25 June 2026, Orrön Energy AB (publ) announced that it has agreed to sell its Nordic renewable energy platform (excluding the Karskruv wind farm) to Cloudberry Clean Energy ASA. The purchase price consists of a combination of cash and shares corresponding to approximately 27 per cent of the total number of shares and votes in Cloudberry. The transaction values the divested operations at an enterprise value of EUR 234.6 million. In connection with the transaction, Orrön Energy has secured a credit facility of EUR 50 million to support continued growth. The transaction is conditional upon approvals under applicable foreign direct investment legislation and by Cloudberry's general meeting of shareholders. Gernandt & Danielsson advises Orrön Energy with a team led by partners Carl Westerberg and Daniel Sveen and associate Philip Börnå, mainly assisted by partners Mikael Bolling (financing) and Peter Forsberg (competition and FDI), senior advisor Andreas Holmqvist (employment), senior associate Alexander Thörnberg (financing) and associates Sofie Hallén (competition and FDI) and Viktor Lundberg (financing).

Gernandt & Danielsson has advised Svea Bank AB (publ) (“Svea Bank”) in its issue of Tier 2 bonds in a total amount of SEK 400 million. Gernandt & Danielsson has advised Svea Bank with a team consisting of partners Mikael Borg and Mikael Bolling and associate Vanessa Sidlo.

Gernandt & Danielsson has advised the Finnish Foundation for Children’s Hospital and Research Institute Nadija sr (the “Nadija Foundation”) in connection with its establishment of Stiftelsen Nadija Research Foundation, an independent research foundation based in Stockholm, established in collaboration with eight leading international universities – the Universities of Zurich, Copenhagen, Linköping, Helsinki, Cambridge and New South Wales, the Danylo Halytsky Lviv National Medical University and the Ukrainian Catholic University, both in Lviv. Stiftelsen Nadija Research Foundation aims to develop and operate a research centre of excellence in Ukraine dedicated to psychotraumatology, child and adolescent psychology, mental health, resilience research and epigenetics. The foundation is an initiative of the Nadija Foundation, which was established in 2025 by founders in the Nordic countries in partnership with authorities and institutions in Ukraine, and is funded exclusively through donations. Gernandt & Danielsson’s team consisted of counsel Andreas Ek and regulatory trainee Marcus Luiga. For further information, please visit the Nadija Foundation’s website.