Hall Of Fame

Next Generation Partners

Energy in Sweden

Cirio Advokatbyrå AB

Cirio Advokatbyrå AB’s Stockholm-based energy practice regularly handles major domestic and regional renewable energy projects, advising sellers, sponsors, off-takers, investors and financiers on the complete lifecycle of an asset. Jörgen Möller, with considerable expertise advising project developers, investors and lenders in connection with wind farms, leads the team; he is also experienced in solar, biogas and hydropower matters. Infrastructure specialist Peter Högström is a key contact, with experience in gas, district heating, production plant, and onshore and offshore wind mandates. Fredrik Morfeldt, who was promoted to partner in January 2023, focuses on wind, solar, and hydropower projects, while Maria Hanbo has over 15 years’ experience in contractual, regulatory and transactional issues within the energy sector, particularly in relation to wind farms, biogas plants, and district heating networks.

Practice head(s):

Jörgen Möller


Other key lawyers:

Fredrik Morfeldt; Maria Hanbo; Peter Högström


Testimonials

‘Cirio’s energy team is a very experienced one with very broad knowledge of the legal framework in Sweden, specifically on wind projects. They have detailed knowledge on the permitting process and a very strong understanding of how this sector moves.’

‘Jörgen Möller and Fredrik Morfeldt are a dream team that complement each other. The combined experience of these two partners in the energy sector is unique.’

Key clients

Equinor


Hydro Rein


TD Asset Management


OX2 AB


Biokraft (formerly Scandinavian Biogas) group


J P Morgan


Aneo AS


Freja Offshore AB


Adven group


CapMan Nordic Infra Management


Andion Global


Downing LLP with portfolio companies


Fu-Gen AG


Svevind group (includes Markbygden Net AB)


Tibber


Ellevio


Enercon group (includes Markbygden Net Väst AB)


Neoen SA


Colombia Threadneedle


Work highlights


  • Advised OX2 on the sale of the 145MW Niinimäki greenfield wind farm in Finland.
  • Advised BW Energy Storage Systems on a SEK1bn investment in Ingrid Capacity with the objective of jointly establishing 400MW battery energy storage systems.
  • Acted for Downing Hydro AB when acquiring nine hydropower plants with a total capacity in excess of 22GWh from different sellers.

DLA Piper Sweden

DLA Piper Sweden’s energy and natural resources team in Stockholm is particularly strong at handling the M&A aspects of projects, advising regularly in relation to cross-border acquisitions, divestments and sales of major assets; the team also offers clients regulatory advice on renewables projects. Practice head Peter Ihrfelt focuses on wind power transactions and also has experience in energy storage and biogas projects. Björn Sjöberg specialises in energy sector project financings, particularly in the renewables space, while Mats Eriksson has expertise in energy-related real estate and regulatory law, and Johan Forsling is particularly noted for his knowledge of wind farms and solar power projects.

Practice head(s):

Peter Ihrfelt


Other key lawyers:

Björn Sjöberg; Mats Eriksson; Johan Forsling


Testimonials

‘This is a highly qualified practice that delivers fast and well-founded advice. We use DLA Piper as general advisers as well as collaborators in various projects that require legal knowledge at a high level. Working with DLA Piper has really strengthened our team. They have come through and really helped us.’

‘Excellent collaboration with the customer. Great results.’

‘Experts in their field area.’

Key clients

Blond


DIF Capital Partners


DKLBC


Duke Street Capital Limited


Energy Infrastructure Partners (EIP)


Enlight Renewable Energy


Enstar


Greencoat Renewables PLC


Hamburg Commercial Bank


Ingrid Capacity AB


Luxcara


Norddeutsche Landesbank Girozentrale (Nord/LB)


NTR


Omnes Capital


OX2


Peas Industries AB


Putailai


SEB


Skellefteå Kraft


Solkompaniet


SolTech Energy Sweden


Starboard Asset


Sun Spark Nordic AB


Svea Vind Offshore


SveaSolar


Swedbank


Telge Energi AB


TSG Group


Åsele Vindkraft


Work highlights


  • Acted for DIF Capital on all aspects of its acquisition of existing shares (and investment by way of subscription for preferred shares) in Alight AB, the leading Nordic solar developer.
  • Advised OX2 on the divestment of the 286MW Åndberg Wind Farm to the investment house Ardian.
  • Advised Telge (i Södertälje) AB on the sale of the electricity company Telge Energi AB to Fortum Markets AB.

Foyen Advokatfirma

Foyen Advokatfirma’s energy group regularly advises domestic energy companies as well as governmental agencies, offering considerable combined expertise in nuclear, wind, hydroelectric, gas and biogas power production. Stockholm and Gothenburg-based Pia Pehrson has experience in nuclear, hydroelectric, solar, hydrogen, and onshore and offshore wind power, and leads the team alongside Andreas Lindström in Malmö, who has expertise in transactional, compliance, and regulatory matters. Corporate expert Jonas Conradsson regularly advises on matters in the sustainable energy sector. Having joined the group in January and April 2023 respectively, senior associate Tomas Fjordevik adds experience in handling permit applications concerning wind power plants, while Helena Strömbeck leverages her in-house experience at a electricity infrastructure company.

Practice head(s):

Pia Pehrson; Andreas Lindström


Other key lawyers:

Helena Strömbeck; Jonas Conradsson; Tomas Fjordevik; Esmeralda Eberhardson; Johan Bogren


Testimonials

‘The team offers good insights in the energy industry and listens to client needs and delivers accordingly.’

‘Johan Bogren has a long history of working in the energy sector and with his background as in-house counsel he also understands the business side of the legal matters.’ 

‘Esmeralda Eberhardson is a young and talented lawyer that has a quick grasp of new topics and delivers according to expectations.’

‘They have broad knowledge of the issues and a great commitment to tasks.’

‘The group is easy to get in touch with and quickly helps with any questions. The result is reliable and of good quality.’

Key clients

SR Energy


RWE


Kraftringen


Falu Elnät


Polskie Sieci Elektroenergetyczne S.A.


Vattenfall Vattenkraft AB


InnoEnergy


E.ON


Skånska Energi


Skellefteå Kraft


Nordion Energi (Swedegas/Weum)


Uniper


Övik Energi Nät AB


Ellevio


Fortum


Equinor (Statoil)


Eolus Vind


Ox2


Umeå Energi


Ystad Energi


Landskrona Energi


Falu Energi & Vatten AB


Billinge Energi


Skövde Energi AB


Skurups Elverk


Borlänge Energi AB


Halmstad Energi & Miljö


Gasum AB


Work highlights


  • Advising Equinor on its applications for exploration permits and preparation of permit applications for further offshore surveys in the Baltic Sea in connection with the establishment of 3 offshore wind farms.
  • Representing Eolus Vind AB in the process of applying for numerous permits regarding offshore wind power projects in Sweden’s Economic Zone in the Baltic Sea.
  • Advising RWE Renewable on its permit applications under the Environmental Code, the Continental Shelf Act and the Swedish Exclusive Economic Zone Act for offshore wind farms in the waters south of Sweden, especially the project Södra Victoria at Södra Midsjöbanken including 100 wind turbines.

Mannheimer Swartling

Mannheimer Swartling’s energy group is made up of experienced professionals from several of the firm’s practices focusing on M&A, finance, regulatory, and contentious matters, among other issues, in the energy space. The firm continues to play a key role in major renewable energy production projects as well as in the sustainable energy transition generally, with recent highlights including handling an asset financed solar power project, adding to the host of wind farms developed in the country. M&A expert Emma Olnäs Fors in Gothenburg co-chairs the group; she is regularly involved in energy related matters, including wind farm acquisitions and divestments. Stockholm-based banking and finance specialist Andreas Zettergren also jointly leads the group, focusing on renewable energy project financings. Therese Strömshed in Malmö, who has expertise in energy infrastructure, offshore wind, and electricity market matters, also heads up the group.

Practice head(s):

Emma Olnäs Fors; Andreas Zettergren; Therese Strömshed


Key clients

RES Renewable Norden AB


Green Investment Group (Corio)


Glennmont Partners


InfraVia Capitals


OX2 AB


Alight AB


FuGen Energi AB


Hydri AB


Vattenfall


Fred. Olsen Renewables (FORAS)


Svea Solar


Northwolt


Eolus


Polhem Infra


The Renewables Infrastructure Group Limited


H2 Green Steel


Encavis AG


Nordic Sugar AB


Skyborn Renewables


Energinet A/S


Work highlights


  • Advised Alight, a leading solar developer and independent power producer, in relation to Sweden’s first solar asset financed with a dedicated non-recourse debt facility.
  • Advised RES and Scandinavian Capacity Reserve AB (SCR) on the divestment to Axpo Group of a 20MW/20MWh battery storage project located in Landskrona, Sweden, developed by RES and SCR.
  • Advised Green Investment Group, forming part of Macquarie Asset Management, on the divestment of a 170MW Nordic onshore wind park portfolio to Vauban Infrastructure Partners.

Roschier

Roschier’s energy practice has a strong reputation for advising on a wide range of transactions in the space, including those concerning renewables projects, electricity grids and district heating networks, as well as acting in major international energy arbitration proceedings. The multidisciplinary team has also recently gained experience in the emerging bio-energy capture and storage market and hydropower asset power purchase agreements. Björn Winström, who has considerable experience handling M&A matters for major clients operating in the energy sector, leads the department. Disputes specialist Johan Sidklev boasts notable expertise in energy-related contentious matters, including natural gas, oil and electricity investment arbitration proceedings brought by private investors and governments under the Energy Charter Treaty.

Practice head(s):

Björn Winström


Other key lawyers:

Johan Sidkley; Emelie Zellner


Testimonials

‘Björn Wikström and Emelie Zellner show great understanding of new financial and legal models relating to the current resurgence of nuclear new builds. They are highly skilled with both broad and specific expertise in the area of nuclear construction, operations and transactions. The team is a one-stop-shop within the nuclear space.’

‘A technically outstanding and very commercial team.’

Key clients

APG Asset Management


Augusta & Co (Augusta Investment Management)


BE Bio Energy Group AB


BillerudKorsnäs


Cargill


First National Petroleum Corporation


Fortum


Igneo Infrastructure Partners


Infranode


Kinnevik


Outokumpu


Renewable Power Capital


Solör AB


Statkraft


Stockholm Exergi


Volkswagen


Work highlights


  • Advised Fortum on the acquisition of the Swedish electricity solutions provider Telge Energi.
  • Advising Renewable Power Capital on its continued development of a 528MW onshore wind project portfolio in Sweden.
  • Advised Cargill on its investment in and 15-year offtake agreement with Nordic Iron Ore AB regarding purchase of high-grade iron ore concentrate, estimated to have a value of SEK35bn.

Setterwalls

Setterwalls’ energy practice handles a wide range of transactional, regulatory and contentious matters in the sector. Jonas Frii has extensive experience advising international investors on the acquisition and financing of energy assets, with particular expertise handling domestic and pan-Nordic matters, including those concerning wind, hydro and solar power production. Tove Andersson has considerable wind energy market expertise as well as experience in large-scale permitting applications, while Martin Sandgren specialises in cross-border offshore wind projects, counting major names amongst his client base. The three partners jointly lead the group, which has offices in Malmö, Gothenburg and Stockholm. Senior associate Bruno Neumann plays a key role in the team, regularly advising on the M&A aspects of renewable energy projects.

Practice head(s):

Jonas Frii; Tove Andersson; Martin Sandgren


Other key lawyers:

Bruno Neumann; Johan Göransson


Testimonials

‘The whole team, but especially Jonas Frii, is outstanding.’

‘Bruno Neumann is a brilliant lawyer who, because of his deep knowledge of many different areas of law and insights into the industry, is a trusted adviser for energy related matters in Sweden.’

‘Jonas Frii is an experienced energy M&A lawyer with a holistic approach and understanding of all aspects of cases.’ 

‘Tove Andersson has expert knowledge in the regulatory and environmental aspects of energy projects, grids, etc. She is crucial in transactions.’

‘Johan Göransson is an experienced energy M&A lawyer with competence spanning not only M&A but also the structuring and fundamentals of energy projects.’

‘They are accessible, focus on solutions, and have prior hands-on experience of the industry.’

‘A long-standing wind power practice.’

‘They have deep understanding of energy projects and transactions, ranging from commercial and structuring issues to environmental and regulatory aspects.’

Key clients

Arise AB


Axfood AB


Axpo


CEE Group (Brookfield Asset Management)


Copenhagen Infrastructure Partners


Cloudberry


DalaVind AB


Encavis


Hafslund


Helios Nordic Energy AB


Hexicon AB


HyCap


Hydro Energy


Hydro REIN Invest


Marguerite (The 2020 European Fund for Energy, Climate Change & Infrastructure)


Mine Storage International


Nordic Offshore Wind


Octopus Renewables Infrastructure Trust


Prime Capital


Polargrund Offshore AB


Prologis


RES Renewable Norden AB


Ringhals


SeaSapphire


Skyborn Renewables


Småkraft AS


Stavro Vind AB


Soltech Energy


Smart Energies


Work highlights


  • Advised Helios Nordic Energy AB in connection with its divestment of two portfolios of solar farms in various stages of development.
  • Assigned to assist Polargrund Offshore, owned by Skyborn Renewables, throughout the permit proceeding for a new offshore wind farm, with up to 120WTGs and a maximum height of 330 metres, located in both Sweden’s territorial sea and economic zone.
  • Assigned to assist RES Renewable Norden AB throughout the permit proceedings for a new large-scale hydrogen production plant in Alby.

Advokatfirman Vinge

Advokatfirman Vinge’s sizeable energy team, based in offices across Sweden, is regularly involved in high-profile transactions in the sector, with particular experience in large-scale wind power projects. The practice is also well known for its regulatory expertise and for its recent work on nuclear and solar power matters. Christoffer Thalin in Malmö, who specialises in transactions involving renewable energy plants, jointly leads the team alongside Stockholm-based M&A lawyer Peter Sundgren, who is experienced in mandates concerning wind power, electricity distribution, district heating, nuclear power and the emerging battery energy storage solutions market. Johan Cederblad in Stockholm focuses on wind farm permit applications as well as energy-related M&A.

Practice head(s):

Christoffer Thalin; Peter Sundgren


Other key lawyers:

Johan Cederblad


Work highlights


  • Advising Cameco on a cross-border acquisition of Westinghouse Electric Company in a deal valued at $7.8bn, in relation to Swedish law matters and the Swedish assets of the target company.
  • Advised Nordic Paper and the other shareholders of Åmotfors Energi AB on the sale of Åmotfors to Nevel AB (Nordic Paper owns 37.6%).
  • Advised Lantmännen on the divestment of Lantmännen Agrovärme AB to Solör Bioenergi.

Hammarskiöld

Hammarskiöld has broad combined expertise that covers transactional, regulatory and contentious energy matters. Practice head Jakob Falkman regularly advises domestic and international industrial companies, private equity funds, and banks, among other clients, on acquisitions, investments, divestments, and sales in the energy sector, particularly in relation to renewable and energy tech assets. M&A specialist Erik Fahlgren is active in the energy space and was recently involved in matters concerning investments into battery cell technology. Finance expert Rasmus Fahlén specialises in energy infrastructure financings, including wind farm and solar park financing mandates.

Practice head(s):

Jakob Falkman


Other key lawyers:

Erik Fahlgren; Rasmus Fahlén


Testimonials

‘An experienced team that advises with integrity, friendliness and high professionalism.’

‘They adapt to the specific case as well as to the individual client.’

‘They have a strong business focus and an adaptive approach to the situation.’

‘Great engagement, personal but professional.’

Key clients

Scania CV AB


Trill Impact


KfW IPEX-Bank


Sunna Group AB


SK ecoplant Co., Ltd


Fuchs Petrolub SE


Infrakraft Sverige AB


Fu-Gen AG


SEK Swedish Export Credit Corporation


Work highlights


  • Advised Swedish truck manufacturer Scania on its participation in the approx. $600m additional equity round for financing of Swedish lithium-ion battery manufacturer Northvolt combined with negotiation and execution of multi-year, multi-billion R&D and supply agreement for battery cells to Scania.
  • Advised Swedish truck manufacturer Scania on its equity investment in the establishment of a new “green” “CO2-neutral” steel producer/supplier in Sweden, H2 Green steel.
  • Advised German bank KfW IPEX-Bank on funding for the Stöllsäterberget wind farm project.

Advokatfirman Lindahl KB

Advokatfirman Lindahl KB’s energy team advises a wide range of clients, including producers, investors, lenders, project developers, manufacturers and suppliers, in relation to power transmission and distribution issues, energy trading mandates, and energy production work. The team has a strong reputation for handling mandates for major domestic nuclear power plants and has also recently been involved in projects concerning photovoltaic power, hydrogen for use by vehicles, and carbon capture and storage elements. Mikael Wärnsby in Malmö, who focuses on the permitting and licensing of energy facilities as well as regulatory and litigation mandates, leads the team alongside Per Mildner in Helsingborg, who specialises in nuclear power generation and power transmission projects. Per-Anders Bengtsson’s broad practice covers waste energy plants, bioenergy projects, district heating networks, wind farms, and solar parks, while senior associate Sara Andersson is noted for her expertise in energy litigation.

Practice head(s):

Mikael Wärnsby; Per Mildner


Other key lawyers:

Per-Anders Bengtsson; Sara Andersson


Testimonials

‘They understand the specificities of the energy sector and offer great insight into matters.’

‘The team has in-depth knowledge about certain matters in energy regulation that is difficult to find elsewhere.’

‘Sharp, analytical with high standards.’

‘Mikael Wärnsby and Sara Andersson are both very sharp and highly competent with excellent analytical abilities as well as the gift of explaining complex legal assessments in an easily understandable way.’

‘We work predominantly with Mikael Wärnsby and Sara Andersson. They are both very analytical, have excellent drafting skills, high integrity and efficient.’

‘Lindahl are very skilled and experienced in this type of work, they are easy to work with, provide good and thorough advice and have a good standing with the regulator and the courts. Can highly recommend them for this type of work.’

Key clients

European Energy A/S


ABB group


E.ON group


Kraftringen group


Baltic Cable AB


Ringhals AB


Katrinefors Kraftvärme AB


Perstorp Fjärrvärme AB


Forsmarks Kraftgrupp AB


Oskarshamn Energi AB


Sundsvall Energi AB


BeGreen ApS/BeGreen Sweden AB


Eolus Vind AB


Växjö Energi AB


Uddevalla Energi AB


Borgholm Energi AB


Trelleborgs Energi AB


Nordic Solar A/S


Telia Sverige AB


Nordion Energi AB


Varberg Energi AB


Öresundskraft AB


Göteborg Energi Gasnät AB


Gasnätet Stockholm AB


Sydkraft group


Work highlights


  • Representing European Energy A/S in the Land and Environmental Court of Appeal in relation to the client’s project of developing a large-scale photovoltaic power station in Sweden, subject to authorisation proceedings.
  • Representing several network operators in appeal proceedings concerning the regulated revenue frames for the period 2023-2026.
  • Advised Nordic Solar A/S in connection with the completion of two of four solar energy parks acquisitions.

MAQS Advokatbyrå

MAQS Advokatbyrå‘s nationwide energy team, spread across offices in Gothenburg, Malmö, Stockholm and Sundsvall, focuses on transactional matters in the renewables space, particularly in relation to wind and solar energy matters. Gothenburg-based practice head Mikael Kowal has considerable experience in acquisitions, divestments and financings in renewable energy assets. Jessica Svantesson, also in Gothenburg, leverages her real estate expertise to advise on land lease agreements concerning solar and wind power development projects, among other issues. Cecilia Rossing has now left the firm.

Practice head(s):

Mikael Kowal


Other key lawyers:

Jessica Svantesson; Sara Malmström; Amanda Dyberg


Testimonials

‘A strong team with extensive knowledge in renewables.’

‘Jessica Svantesson is always available with a positive attitude. She is matter of fact and quickly comes up with good input on issues.’ 

‘Mikael Kowal has solid experience as a hands-on commercially-minded partner who understands the essentials.’

‘Mikael Kowal and Jessica Svantesson offer unique insights and experience in renewable energy/wind energy.’

‘Sara Malmström and Amanda Dyberg are highly recommended for M&A transactions in the field. Mikael Kowal has in-depth knowledge of all types of energy-related questions.’

‘A strong energy team that is solution-oriented, quick in responding and reasonably priced.’

‘MAQS is well established in the field of renewable energy.’

Key clients

FlagshipONE AB


Rabbalshede Kraft AB


Dala Vind AB


Liquid Wind AB


EnBW Sverige AB


Renewable Sweden AB


Vencom Residential AB


Locus Energy AB


Work highlights


  • Advising Liquid Wind regarding a Series B financing in the amount of €15.2m.
  • Advising Locus Energy on its acquisition of ten old wind turbines from Windevo.
  • Assisting Rabbalshede Vind AB with drafting and negotiating a power purchase agreement (PPA) with Statkraft.

CMS Wistrand

CMS Wistrand’s energy practice is an established presence in the market, advising major domestic clients operating in the electricity, district heating, gas, biomass and renewable energy sectors. Gothenburg-based practice head Rudolf Laurin is particularly strong handling regulatory issues and acquisitions concerning biomass, gas, wind and solar power production. Emilie Steen plays a key role in the team, specialising in wind power plants.

Practice head(s):

Rudolf Laurin


Other key lawyers:

Emilie Steen


Testimonials

‘Rudolf Laurin is agile, committed, and demonstrates a professionalism that is based on many years of experience.’ 

‘A senior team with vast experience in negotiations and business agreements.’

Key clients

ib Vogt AB


Neova AB


Deep Wind Offshore DWO Sverige AB


Spawer Kraft AB


Göteborg Energi Nät AB


Sesol AB


Work highlights


  • Advising Göteborg Energi Nät in relation to the construction of high voltage lines, including on the permit application process.
  • Advising Neova AB on the establishment of a new 60 hectare energy peat extraction site in Grimsås.
  • Advising Fu-Gen on its acquisition of Havsnäs Vindkraft AB, which operates a 93MW wind power facility with 47 wind turbine generators in Jämtland.

Eversheds Sutherland

Eversheds Sutherland’s energy practice in Stockholm, supported by the firm’s construction, engineering, real estate, corporate, banking and dispute teams, handles a wide range of contentious and non-contentious matters, particularly in relation to domestic and cross-border onshore and offshore EPC projects. Jan Österman, who specialises in commercial contracts in the energy space, leads the team alongside Johan Kennemyr, who has grid connection contract and regulatory dispute expertise.

Practice head(s):

Jan Österman; Johan Kennemyr


Testimonials

‘Johan Kenneymr provides to-the-point advice and is easy to work with.’

Key clients

Linxon Sweden AB


Energinet


NKT A/S


CDE Global Limited


Kempower Oy


InEpact AB


Korkia Oy


Hitachi Energy Sweden AB


Preem AB


Move About Group AB


ChargePanel AB


Enersize Oyj


Work highlights


  • Representing Energinet, a Danish state-owned corporation, in a dispute in the administrative court system involving tariffs raised in Sweden for an interconnector (border-crossing cables owned and operated by Energinet) between Sweden and Denmark.
  • Providing contractual and regulatory advice to a leader in turbine and hydro power technology on several complex refurbishment contracts in Sweden relation to turbine end of life refurbishments of hydro power plants containing hazardous materials.
  • Advised a global leader in electrical technology on the complex supply and installation of electrical infra and equipment to several central African solar energy parks.

Morris Law

Morris Law‘s Gothenburg-based energy department has established a strong reputation for its expertise in both contentious and non-contentious energy matters. Christina Rydell Ahlström has notable experience in the renewables space, handling permitting processes for windfarms, solar parks, and hydropower projects. M&A specialist Carl Friberg regularly advises on the acquisition of onshore wind farms.

Practice head(s):

Christina Rydell Ahlström


Other key lawyers:

Carl Friberg


Testimonials

‘The team is fantastic in how they troubleshoot questions in advance before a problem arises.’ 

‘A good mix of people and knowledge.’

‘They are always a step ahead; quick and agile and with a good attitude.’

‘They are committed and demonstrate a high level of competence.’

Key clients

Varberg Energi AB


Hammarö Energi AB


Tekniska verken i Linköping Vind AB


Gasum AB


Locus Energy AB


Work highlights


  • Advising Varberg Energi AB, a municipality-owned energy company in western Sweden, regarding the restructuring of the company’s organisational structure.
  • Assisting Hammarö Energi AB, a municipality-owned energy company, with a case regarding a solar park that is supposed to be built within an area covered by shore protection.
  • Assisting Tekniska verken i Linköping Vind AB, a renewable energy company building and operating windfarms, in an ongoing case where the client will apply for a new environmental permit in an area where there is already an existing windfarm (repowering).