Vinge Logotype
SvenskaEnglish 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises energy technology company Flower in connection with credit facilities with Norion Bank
Mandate

Vinge advises energy technology company Flower in connection with credit facilities with Norion Bank

March 27, 2024

Vinge advises expansive energy technology company Flower in connection with the entering into of credit facilities with Norion Bank. Flower was founded in 2020 and has quickly become Sweden’s leading player in battery storage trading and optimisation and so-called BESS (Battery Energy Storage Systems). With a focus on rapid expansion towards selected European markets, Flower’s journey is defined by combining pioneering technology with flexible energy assets, enabling clean energy to power society.

The proceeds from the credit facilities will be used to, among other things, finance Flower’s future investments and expansion. Flower has its sights set on continued global expansion, although the current addition is intended to strengthen its position in the Swedish market.

Vinge’s team consisted of Albert Wållgren and Jolinn Uhlin.

Related

Vinge advises Platzer on the acquisition of a logistics property in Sörred Logistics Park

 Vinge has advised Platzer on the acquisition of the property Sörred 8:15 in Sörred Logistics Park in Hisingen in Gothenburg. The acquisition is performed in accordance with the purchase option held by Platzer in the joint venture with Catena, which grants priority to acquire completed projects at market value. The purchase price is based on an underlying property value of SEK 570 million, less deferred tax. Closing is expected to take place on 1 July 2026.
June 02, 2026

Vinge advises the owners in conjunction with change of ownership at Norteam

Evolver Equity has become the new majority owner of Norteam AB, a fast-growing Swedish specialist in Microsoft Cloud. Co-founder Martin Norström is reinvesting in the new group and taking on the role of Group CEO. The investment marks the start of a Nordic growth journey with the ambition of building a leading provider of Microsoft-based IT services for small and medium-sized enterprises – and of reaching SEK 1 billion in revenue within 3–5 years.
June 02, 2026

Vinge advises TSG on the acquisition of Processkontroll GT

 TSG, a European leader in technical services for sustainable mobility solutions and critical energy infrastructure, has acquired Processkontroll GT, a specialist in compressed and liquid gas infrastructure.
June 01, 2026