Vinge has advised 4 to 1 Investments, a company jointly held by Första AP-fonden, Andra AP-fonden, Tredje AP-fonden and Fjärde AP-fonden, in connection with Northvolt’s USD 1.1 billion convertible note

August 04, 2022

Vinge has advised 4 to 1 Investments in connection with Northvolt’s USD 1.1 billion convertible note, to finance its expansion of battery cell and cathode material production in Europe.

Investors participating in the capital raise included, in addition to 4 to 1 Investments, inter alia AMF, Ava Investors, Baillie Gifford, Folksam Group, Goldman Sachs Asset Management, Swedbank Robur, TM Capital and Volkswagen Group. With this capital raise, Northvolt has since 2017 secured close to $8 billion in equity and debt to deliver on its plans to establish a supply of sustainable batteries to enable the decarbonization of society.

Vinge’s team consisted of Ulrich Ziche and Joel Wahlberg. Linn Adelwald assisted in financing related matters.

Vinge’s experts provide an insight into Swedish maritime law in the latest edition of International Comparative Legal Guide – Shipping Law 2022

Vinge’s experts in martime and transport law have again contributed to the Swedish chapter on maritime law in the International Comparative Legal Guides (ICLG).
August 10, 2022

Sanctions update 22 July

Further to our previous sanctions updates of 25 February, 3 March, 11 March, 16 March , 14 April and June 8, we herewith provide a further update of recent sanctions developments following Russia’s war against Ukraine:
July 26, 2022

A new EU instrument for international procurement (IPI)

On 17 June 2022, the Council adopted a regulation on a new instrument for international procurement (“IPI”), following the formal adoption of the IPI at the European Parliament plenary session on 9 June 2022. The general objective of the IPI is to create reciprocity in the access to international public procurement markets by enabling the Commission to undertake investigations and adopt measures to open and improve access to third-country public procurement and concession markets.
July 11, 2022