Mandate Vinge has advised Azelio in connection with its rights issue

December 30, 2019

Vinge has advised Azelio AB (publ) on a fully subscribed rights issue, which will provide Azelio with issue proceeds amounting to approximately SEK 350 million before deduction of transaction costs.

The new shares are expected to be admitted to trading on Nasdaq First North Growth Market on 10 January 2020.

Azelio is a public Swedish company, specializing in Thermal Energy Storage (TES) with dispatchable Stirling-based electricity production when and where it is needed, modular and to a low cost. The technology is revolutionary for its unique ability to store thermal energy for production of electricity at nominal effect for 13 hours. 

Vinge’s team consisted primarily of David Andersson, William Kåge and Julia Hirschberg.

Jerker Kjellander is a new partner in Skåne

Dispute resolution expert Jerker Kjellander has been elected as a partner in Vinge’s Skåne office.
November 20, 2020

Amendments to the Swedish Competition Act provide extended powers for the Swedish Competition Authority

Early in 2021, the Swedish Competition Act (2008: 579) will be amended in several important respects. The background to the amendments is Directive (EU) 2019/1 of the European Parliament and of the Council, which aims to harmonize the investigative and sanctioning powers of the European competition authorities in their enforcement of the EU competition rules. Undertakings active in Sweden will be affected by the amendments in several ways.
October 12, 2020