Norton Rose Fulbright advises the lenders on green acquisition financing

Global law firm Norton Rose Fulbright has advised the senior and junior lenders on the green senior and green junior financing for Solör Bioenergi for the purpose of its acquisition of Lantmännen Agrovärme. This will contribute to Solör Bioenergi’s growth strategy.

Solör Bioenergi is Scandinavia’s leading privately owned district heating provider with a well-diversified portfolio of assets distributed mainly across Sweden and Norway, and an unparalleled track record of organic and acquisitive growth.

Tomas Gärdfors, Norton Rose Fulbright’s London-based banking partner who led the deal, commented:

“Solör Bioenergi is at the forefront of the energy transition and shows the way to provide sustainable heating in a net zero environment. I am delighted to stay part of Solör Bioenergi’s journey and lead the lenders on this complex refinancing.”

The Norton Rose Fulbright team, led by London based banking partner Tomas Gärdfors, included Kanwal Majeed, Ann Vesely, Monica Chen, Lauren Birt and Prairie Moat. Cederquist advised on Swedish law and Arntze de Besch on Norwegian law.

Clifford Chance, Roschier and Selmer advised Solör Bioenergi.