Vattenfall

Vattenfall

One of Europe’s largest energy producers, Swedish-owned Vattenfall produce electricity, heat and gas with an enduring focus on efficiency and stability. Vattenfall’s legal department, led by Anne Gynnerstedt as senior vice president, general counsel and secretary to the board of directors, has received praise from an external source who describes the team as ‘motivated and committed to displaying outstanding results year after year’. Showing ‘great expertise and professionalism in all of its proceedings’ despite a heavy workload speaks to the temperament and organisation of the team, which now has numerous successful projects to its name. Perhaps the most impressive of these is the legal work involved in Vattenfall’s recent acquisitions and investments; the team assisted the company in its development into the largest Danish onshore wind turbine owner as well as a major player in offshore wind. Jens Kirk Jørgensen, legal counsel, gains particular praise for his ‘unparalleled’ organisational skills and acting as the ‘connecting link’ between various internal stakeholders and external legal relations. The internal coordination with the various groups at Vattenfall requires excellent communication and negotiation skills as each group has its own distinct opinion about each Vattenfall case. The way the team is structured allows it to ‘accommodate nearly all of the groups’ wishes while uniting them as one legal team. In all work performed, a professional and commercial angle is maintained which is of great value to a company like Vattenfall’. In addition to the aforementioned acquisitions, the team has worked on the divestiture of several Danish power plants including Amagerværket, Fynsværket and Nordjyllandsværket for a combination of approximately DKK 4bn. One private practice lawyer who frequently interacts with the team states he is always ‘very impressed with [their] level of competence and proficiency, distinctive work performance and their ability to maintain a team spirit under all circumstances’.