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Deal Date: 04-07-2017 Practice Area: Project Finance and Infrastructure
Deal Title: Arise AB (publ) Divestment of the Wind Farm Svartnas Industry: Alternative Energy
Description:
Setterwalls advised Arise AB (publ) in connection with divestment of the wind farm Svartnas (originally purchased from Bergvik Skog and developed by Arise). Arise divested the ready-to-build-project to a fund managed by BlackRock, the world's largest asset manager. Vestas was to deliver 32 Vestas 3.6 MW wind turbines, and an agreement regarding sale of electricity and certificates was entered into with Statkraft.
Financial Center: Stockholm Value: 0.00-0.00
Advised Party: Seller Law Firm
Assets Jurisdiction Sweden Purchaser Jurisdiction United States
Classification: Transfer of Infrastructure Assets Renewable Energy Assets Wind Farm Assets
Lawyer Jonas Frii
Further Information:
Description:
Arise Sale of the Svartnas Wind Farm Project - Announcement
Link :