Energy in Sweden

Cirio Advokatbyrå AB

Cirio Advokatbyrå AB’s energy team is highly active in the offshore wind farm sector; practice head Jörgen Möller handles high-value transactions for developers, investors and lenders. The team also advises on developments and transactions involving district heating, biogas and hydropower projects. Möller and managing associates Maria Hanbo and Philip Tonkin also assist with procurement deals, including expansion projects for energy grid utility buyers.

Practice head(s):

Jörgen Möller

Other key lawyers:

Maria Hanbo; Philip Tonkin

Testimonials

‘A fantastic team, always there for us. Find solutions to be available whenever needed, even though we know how busy they are. Expertise in every field we need in the energy sector including M&A, and give us new ideas and perspective to find the best possible solutions.’

‘They work as a team! Really understand and support in the whole process.’

‘Very strong knowledge and capabilities across different types of legal questions. Very good market intelligence.’

‘Jörgen Möller (partner): very high market intelligence, practical advice where suitable but also very strong in complex cases.’

Key clients

JP Morgan Asset Management

Enercon

Svevind

Greystone Managed Investments

BayWa r.e.

Scandinavian Biogas group

Infranode

OX2 AB

CapMan Infra

Fontavis AG

Switch Nordic Green

Iberdrola

Polhem Infra

Work highlights

  • Advised Enercon on the development and sale of the 253MW Maximus North wind farm in Northern Sweden.
  • Advised OX2 on the sale of the Finnish Metsälamminkangas wind farm to Lundin Energy as part of Lundin’s transformation from oil to renewables, including assistance with all project agreements.
  • Advised Iberdrola on securing the rights to eight Swedish offshore wind projects.

DLA Piper

DLA Piper's top-flight energy practice is a go-to name for onshore energy project; practice head Peter Ihrfelt regularly advises on high-value project investments, divestments and developments across Sweden for global players. The group also handles the related regulatory issues, including for combined heat and power installations. Björn Sjöberg has expertise in energy project financings, and recently assisted with a number of the largest wind farm projects in the country. Mats Eriksson and senior associate Johan Forsling also have active M&A practices in the energy sector.

Practice head(s):

Peter Ihrfelt

Other key lawyers:

Björn Sjöberg; Mats Eriksson; Johan Forsling

Testimonials

‘Very deep sector knowledge, acquired by experience. Strong business acumen. Pragmatic in way of working with the client and treats counterparties in a respectful manner.’

‘Peter Ihrfelt is very experienced, business minded, pragmatic.’

‘Peter Ihrfelt stands out for his solid sector knowledge and professional approach. We see him in almost every deal and it is always a pleasure. While deals and terms may be complex from time to time, when Peter is onboard you often get things done and complex items become easier. We can also see that he is part of the “centre of gravity” where market practice often is set.’

‘Their strengths are that they are very service minded and comprehend complex matters in a brilliant manner.’

‘Johan Forsling is very dedicated and knows our business to some extent better then I do. He is very reliable and professional.’

‘This team, especially Johan Forsling (as he’s the one we have mainly worked with), is very knowledgeable, accommodating and able to understand our specific needs for a project. Thus they give relevant and good help whenever needed.’

‘Johan Forsling is very knowledgeable not only concerning the law but also the environmental science and the issues we work with on a daily basis. Thus he makes a valuable partner who understand our needs and can help with relevant advice whenever needed.’

Key clients

OX2

HCOB

Luxcara

Credit Suisse

Nord LB

Enlight Renewable Energy

SEB

SolTech Energy Sweden

Swedbank

Telge Energi

Åsele Vindkraft

Skellefteå Kraft

NTR

Fortum

DKLBC

Bonbio

SveaSolar

Work highlights

  • Advised Luxcara on the acquisition of the third phase of the prestigious 750MW wind farm project Markbygden, one of the largest onshore wind farms globally.
  • Advised leading Israel-based company Enligt Renewable on its first acquisition in Sweden of a 113MW ready-to-build wind farm in the south of the country.
  • Advised Credit Suisse Energy Infrastructure Partners (CSEIP) on the complex acquisition of an 80% stake in Finnish utility Fortum Oyj’s 500MW Nordic onshore wind portfolio. Also advised CSEIP and Fortum Oyj on the senior project finance loan provided by Skandinaviska Enskilda Banken and National Australia Bank as part of the transaction.

Foyen Advokatfirma

Under energy practice co-head Pia Pehrson, Foyen Advokatfirma has a notable reputation in advising wind farm developers, oil and gas companies and state-owned utilities companies on large-scale projects across Sweden. Pehrson and Caterina Carreman apply their regulatory and environmental law knowledge to projects requiring complex planning and concession applications, while senior associate Tomas Fjordevik and associate Sanna Tonemar recently handled high-stakes approval procedures before the Land and Environment Court for bio-energy producers. Malmö-based co-head Andreas Lindström focuses on energy-related corporate and financing mandates for regional and national clients.

Practice head(s):

Pia Pehrson; Andreas Lindström

Other key lawyers:

Caterina Carreman; Tomas Fjordevik; Sanna Tonemar

Testimonials

‘We have a single point of contact which makes all communication very easy.’

‘Pia Pehrson and Caterina Carreman are very skilled within their legal fields and present their work in a way that is comprehensive and easily accessible for colleagues in our business who have another background than legal.’

‘Foyen has exceptional strength into the energy industry as they both understand the legal issues at hand and also have very good market insight and understanding.’

‘Pia Pehrson is very dedicated and has a very collaborative working style which also makes her a good discussion partner on issues beyond the strict legal counsel requirements.’

Key clients

Bergvik Skog

E.ON

Skånska Energi

Skellefteå Kraft

Nordion Energi (Swedegas/Weum)

Uniper

Falbygdens Energi

Ellevio

Fortum

wpd

Equinor (Statoil)

Ox2

Umeå Energi

Ystad Energi

Landskrona Energi

Billinge Energi

Alingsås Energi

Work highlights

  • Advising OX2 on the construction of 25 wind power plants in Finland in the largest unsubsidised wind power project to date in the Nordic region.
  • Advised Stena Renewable on the construction of a wind power farm in Åby-Alebo in the municipality of Mönsterås which, with 36 wind turbine generators, will thereby become the largest wind farm in southern Sweden.
  • Supplying Kraftringen with ongoing advice on all legal areas and all matters affecting Kraftringen’s operations spanning the entire value chain, from energy production to distribution and sales.

Mannheimer Swartling

Mannheimer Swartling’s energy and natural resources group comprises partners with expertise in the entire project lifecycle. Co-head Andreas Zettergren handles project financing mandates including complex offtake arrangements in the renewable power sector, while M&A experts Per Åsbrink and co-head Emma Olnäs Fors advise wind power developers on buy and sell-side deals (including majority stake acquisitions) and joint ventures. Co-head Therese Strömshed leads on regulatory matters, covering concessions, permits and market-related matters. Clients include offshore wind farm developers, gas transmission operators and electricity providers.

Practice head(s):

Emma Olnäs Fors; Andreas Zettergren; Therese Strömshed

Other key lawyers:

Per Åsbrink

Testimonials

‘Hands-on approach, easy to work with, reliable and diligent.’

Key clients

Credit Suisse Energy Infrastructure Partners

Green Investment Group

Stena Renewable AB

Stena Bulk AB

RES / Nordisk Vindkraft

Polhem Infra

Alight (former Eneo)

GE Energy LLC

The Renewables Infrastructure Group Limited

Vattenfall

E.ON

Eolus

Gas-System S.A.

RWE Renewables AB

The republic of Kazakhstan

Energoproject Oprema a.d.

Work highlights

  • Advised Credit Suisse Energy Infrastructure Partners on its acquisition of 85% ownership of a 253MW wind farm in Northern Sweden.
  • Advised Altor Fund V on its investment of a 30% stake in OX2 AB, a leading European renewables development company with operations in six countries.
  • Advised Skandinaviska Enskilda Banken and National Australia Bank on the project financing of a Nordic wind portfolio consisting of three operational wind farms (32MW and 50MW in Norway and 76MW in Sweden) and one wind farm under construction (90MW in Finland).

Setterwalls

As a prominent name in the wind power sector (with clients including producers, investors and suppliers), Setterwalls’ energy team also receives a stream of mandates involving biofuel, battery storage, district heating and other renewable energy projects. Co-head Jonas Frii routinely advises on project financings and acquisitions, while co-heads Tove Andersson and Anders Linnerborg are key partners for environmental and regulatory issues. The practice also handles high-stakes energy-related arbitration proceedings, including compensation disputes in the hydropower sector. Co-head Martin Sandgren is the primary contact for nuclear power decommissioning work.

Practice head(s):

Jonas Frii; Anders Linnerborg; Tove Andersson; Martin Sandgren; Linnea Ljung

Testimonials

‘Hands-on approach, excellent quality of work, great understanding of market and client needs, take initiative, solution oriented, can handle the largest transactions.’

‘Jonas Frii – hands-on approach, deep understanding of renewables market, excellent quality of work, approachable.’

‘The team around head partner Jonas Frii has in-depth knowledge of the renewable energy market and market participants in the Nordics. Further, they have vast experience with respect to all legal areas that are relevant in connection with the development, erection and operation of wind farms in the Nordics.’

‘Our legal tasks require deep knowledge of issues specific for wind power. Wind power development is a complex business with a number of different stakeholders and authority requirements. Setterwalls is an experienced law firm in this market and can provide expertise in all relevant areas in our sector.’

‘Jonas Frii and his team are extremely dedicated, hardworking, and pragmatic solution finders within complex deal-structures. They know the industry and its key players very well.’

‘I think the Setterwalls team is one of the few Swedish law firms that can state that they know the energy sector with credibility.’

‘Our contact with Setterwalls has been with very professional individuals. Tove Andersson stands out as committed, focused and knowledgeable.’

Key clients

Aquila Capital

Marguerite

Fontavis AG

ewz (city of Zürich renewable energy investment vehicle)

Arise AB

Stena Renewable AB

Axpo

Sydvatten AB

Platina Energy Partners Ltd.

Prime Capital

Rabbalshede Kraft AB

CEE Group (Brookfield Asset Management)

Eurowind Energy AB

Norddeutsche Landesbank (Nord/LB)

Ringhals

SBM Offshore Inc.

Hydro Energy

MAHA Energy

EcoWave Power

BillerudKorsnäs

Vattenfall AB

Capital Dynamics Clean Energy Infrastructure

Octopus Renewables Infrastructure Trust

Helios AB

Commerz Real AG

Work highlights

  • Assisting Stena Renewable with several large regulatory engagements and proceedings, navigating issues of concern and sensitivity, including bird life, the rights of the Sami people and  the need for technically efficient permits.
  • Advising Hamburg Commercial Bank on the project financing of the 95MW Swedish wind farm project, Lyngsåsa.
  • Assisted Maha Energy AB with its acquisition of Dome AB Inc, a Texas-based oil producing company. The acquisition adds production facilities to Maha in the Illinois Basin area in the US.

Advokatfirman Vinge

The multi-office energy practice at Advokatfirman Vinge handles a high volume of prime transactions on behalf of a global client roster. Practice co-heads Peter Sundgren and Christoffer Thalin recently advised on pan-European portfolio acquisitions in the onshore wind industry and assisted with long-tail utilities divestments for public sector bodies; the group is also a key name for complex turnkey procurements and project financing deals. Johan Cederblad handles the breadth of permit matters, and has notable expertise in the regulatory aspects of electricity tariff challenges, acting for national suppliers.

Practice head(s):

Peter Sundgren; Christoffer Thalin

Other key lawyers:

Johan Cederblad

Key clients

SUSI Partners

Fortum

EQT Infrastructure

BlackRock

AMF Pensionsförsäkringar AB

Ellevio

Equinor ASA

RWE

VKS Vindkraft Sverige AB (part of the German WKN Group)

IKEA / Ingka Group

KGAL Group

Cloudberry / Scanergy

Equitix

First State Investments

Manor Investment S.A.

Marguerite Fund

Ardian Fund

re:cap Global Investors

Work highlights

  • Assisted SUSI Partners as lead legal counsel with its investment in and project financing of the Lyngsåsa 100MW ready-to-build wind farm from BayW.
  • Advised the Municipality of Helsingborg on the divestment process of utilities company Öresundskraft, which was discontinued after a referendum result in 2020.
  • Advised KGAL on its fourth Swedish wind farm, total installed effect of 130.2MW and 31 wind turbines.

Hammarskiöld

Hammarskiöld’s energy and public utilities practice is headed up Jakob Falkman, who regularly handles transactional mandates including investments, divestments and M&A deals. The group's client roster includes oil and gas companies, investors and battery cell producers; Falkman and Erik Fahlgren were recently instructed on high-value corporate joint ventures and joint research projects for battery cell sector clients. The team also provides expert regulatory advice pertaining to electricity and gas infrastructure projects.

Practice head(s):

Jakob Falkman

Other key lawyers:

Erik Fahlgren

Key clients

Alpiq

Folksam Mutual Insurance

Statoil

Fuchs Petolub SE

AIG Europe Ltd

BNP Paribas

Morgan Stanley

SEB

Ahlstrom-Munksjö

Lietuvos Energija

PGNiG

DG ENER

Work highlights

  • Providing ongoing legal advice on energy-related matters to Fuchs Petrolub SE following its acquisition of Statoil Fuel & Retail Lubricants.
  • Provided legal advice to Scania on several investments in battery cell producer Northvolt and the parties’ strategic partnership for the joint development and commercialisation of innovative battery cell technology for heavy commercial vehicles.
  • Contributed to the report “Do current regulatory frameworks in the EU support innovation and security of supply in electricity and gas infrastructure?” published by the Directorate-General for Energy of the European Commission.

Advokatfirman Lindahl KB

Advokatfirman Lindahl KB’s energy practice has a strong presence in the nuclear sector thanks to the expertise of practice co-head Per Mildner, Mikael Wärnsby and Johanna Rugart. Recent instructions included handling major plant upgrades, system procurements and other associated contractual and regulatory issues. Co-head Per-Anders Bengtsson has a notably diverse practice ranging from advising on the establishment of power stations and wind farms to contentious proceedings concerning emissions rights and cooperation agreements, acting for energy providers.

Practice head(s):

Per-Anders Bengtsson; Per Mildner

Other key lawyers:

Mikael Wärnsby; Johanna Rugart

Key clients

Enel Green Power S.p.a.

European Energy A/S

ABB group

E.ON group

Perstorp Fjärrvärme AB

Forsmarks Kraftgrupp AB

Kraftringen group

Oskarshamn Energi AB

Sundsvall Energi AB

Baltic Cable AB

LOS AS

Ringhals AB

Boilerworks A/S

Ljusdal Energi AB

Hancock Natural Resource Group Inc.

Rabbalshede Kraft AB

Göteborg Energi Gasnät AB

Kraftringen Nät AB

Öresundskraft AB

Växjö Energi AB

Uddevalla Energi AB

Katrinefors Kraftvärme AB

Grönhult Wind Farm Project

Polskie Sieci Elektroenergetyczne S.A.

Work highlights

  • Advised Enel Green Power in connection with its planned acquisition of a ready-to-build wind power park in Kalmar, Sweden, consisting of 12 turbines.
  • Advised Polskie Sieci Elektroenergetyczne on the Harmony Link Project, relating to the interconnection between the Polish and Lithuanian electricity transmission systems by means of a high voltage direct current (HVDC) submarine cable and the associated infrastructure.
  • Acted for Baltic Cable AB as counsel in a notable case concerning administrative court proceedings in front of the European Court of Justice as well as national proceedings regarding congestion revenues from the power line Baltic Cable running between Sweden and Germany.

Ramberg Advokater

Led by Maria Hagberg, Ramberg Advokater’s energy team advises on sale and purchase agreements, energy transmission and distribution negotiations, development projects, energy-related M&A, permit applications and procurement strategies.

Practice head(s):

Maria Hagberg

Roschier

The energy and infrastructure group at Roschier regularly advises on transactional work in the grid and district heating fields. Practice co-head Björn Winström and Markus Olsson handle investments, divestments and power asset transactions for a roster of oil and gas companies, private equity houses and institutional investors, while co-head Johan Häger deals with all manner of energy financing arrangements. Johan Sidklev leads the energy disputes practice, which recently acted in investment arbitrations, Energy Charter Treaty proceedings and general commercial litigation for energy clients.

Practice head(s):

Björn Winström; Johan Sidklev; Johan Häger

Other key lawyers:

Markus Olsson

Testimonials

‘The Roschier energy/infrastructure team knows the business better than anyone else and helps us navigate the legal landscape.’

‘Partner Björn Winström has an exceptional strategic overview of the market and an insight of drivers of the major players, which has allowed us to grow our business and create shareholder value.’

Key clients

Fortum

First National Petroleum Corporation

Ostchem Holding, Limited

ConocoPhillips Skandinavia AS

Macquarie

BE Bio Energy Group AB

First State Investments

Stockholm Exergi

Solör AB

Infranode

iCon Infrastructure

APG Asset Management

Work highlights

  • Advised BE Bio Energy Group AG on the sale of shares in Solör Bioenergi Holding AB to Polhem Infra KB.
  • Advised First State Investments on the merger of Swedegas and Weum Gas into Nordion Energi.
  • Representing the Kingdom of Sweden in a dispute under the Energy Charter Treaty (ECT) brought by Australian mining company Aura Energy Ltd. The dispute arose out of Sweden’s decision to amend its mineral legislation in 2018 so as to prohibit uranium mining.

Magnusson Advokatbyrå

Magnusson Advokatbyrå’s energy transactions practice is headed up by Jonas Bergquist, who advises on energy-related investments, divestments, M&A deals and emissions trading projects. Clients include renewable energy investors from across Europe as well as Swedish public sector bodies.

Practice head(s):

Jonas Bergquist

Testimonials

‘Unique knowledge and experience about the Kyoto protocol and the Paris agreement, in particular the market mechanisms and the commercial law surrounding this.’

‘Jonas Bergquist: extremely competent and solutions oriented. Can work in untried territory. Big authority when needed. Fast thinker. Clear and understandable. Easy to work with. Good service. Good value for money.’

Key clients

Swedish Energy Agency

Work highlights

  • Advising the Swedish Energy Agency on its contemplated investments in projects under Article 6 of the Paris Agreement.

MAQS Advokatbyrå

MAQS Advokatbyrå’s renewables group includes practice head Mikael Kowal, who handles a high volume of transactions and investments in the wind power sector, and Christina Rydell Ahlström, who has an active presence in the hydropower sector, regularly handling transactions and permit applications. The team is active in the cleantech space, advising innovative carbon capture companies on inbound investments. Numerous municipality-owned energy companies also retain the firm for transactional work.

Practice head(s):

Mikael Kowal

Other key lawyers:

Christina Rydell Ahlström

Testimonials

‘Well established in the sector of renewable energy with excellent insight and knowledge in Sweden.’

‘Highly competent and going the extra mile to solve issues.’

‘They have very high integrity, fast feedback and great ability to understand the needs of each unique mission.’

‘We feel that MAQS Advokatbyrå is a leading firm within renewable energy in Sweden. Mikael Kowal contributes with his professionalism and genuine knowledge in wind power.’

‘The broad availability to reference cases within the energy sector has made the overall negotiation very smooth.’

‘Mikael Kowal has deep knowledge of how business works and how deals are made within the energy sector, which has been essential to help us reach an agreement with the other part to sell our company.’

Key clients

Lilla Harrie Valskvarn AB

Rabbalshede Kraft AB

Dala Vind AB

Solkraft EMK AB

EnBW Sweden AB and EnBW Sweden Wind

Work highlights

  • Advising Lilla Harrie Valskvarn during the permit examination of its hydropower station for the production of electricity generation.
  • Advised Dala Vind AB on the sale of all shares in Riskebo Energi AB, a company owning the wind power project Riskebo, to Stena Renewable.
  • Advised EnBW on the construction of the wind farm Råmmarehemmet in Sweden.

Advokatfirman Oebergs AB

Boutique firm Advokatfirman Oebergs AB specialises in transactions in the energy and infrastructure sectors. The firm advises on developments, investments and sales of cross-border projects across the oil and gas, hydropower and wind power industries.

Wistrand

Wistrand’s energy practice is led by Rudolf Laurin, who advises on a range of regulatory issues including emissions-trading rights, access to electricity grids, energy taxes and permit applications.

Practice head(s):

Rudolf Laurin