Vinge advises Ellevio in connection with its acquisition of Markbygden Net AB, a modern transmission network which connects Europe’s largest wind farm cluster Markbygden 1101 outside Piteå in northern Sweden, from Svevind and Enercon.

Ellevio is one of Sweden’s biggest distribution network operators and, with the acquisition, Ellevio is establishing itself in Sweden’s northern electricity region for the first time, strengthening its role in accelerating Sweden’s journey towards net-zero emissions by 2045. Ellevio owns Markbygden Net AB as of 20 September 2023.

Vinge’s team consisted of partner in charge Peter Sundgren (Energy/M&A) together with Desirée Hagenfeldt, Robin Sultani and Eskil Nyström (M&A), Johan Cederblad and Madelene Andersson (Environment), Karolina Cohrs (Real estate), Mathilda Persson and Alva Skott (Commercial Agreements and IT), Mario Saad and Carl Lexenberg (Commercial Agreements), Daniel Wendelsson (Public procurement and FDI), Carl Johan af Petersens and Andrea Rökaas (Regulatory), Daniel Prawitz (Construction), Arvid Axelryd (IP), Amelia Rihs (Employment), David Flodin (Financial arrangements), Julia Löfqvist (Compliance) Gabriella Balbo and Jessica Henning (VDR).

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Vinge has advised Flower in connection with the acquisition of the energy storage facility Bredhälla from OX2.

The energy storage facility Bredhälla consists of batteries utilizing lithium-ion technology with a total capacity of 42,5MW /42,5MWh spread across 20 modules, making it the largest battery park in Sweden. Bredhälla will provide ancillary services to Svenska Kraftnät to ensure stability in the electricity grid and participate in wholesale markets by providing energy arbitrage.
June 11, 2024