2 June 2014
Gernandt & Danielsson advises in Solør Bioenergi Group’s bond issue
Gernandt & Danielsson advises in Solør Bioenergi Group’s issue of bonds at a value of SEK 950 million.
The Swedish entity BE Bioenergy Group AB, which belongs to the Norwegian Solør Bioenergi Group, has issued Swedish bonds at a value of SEK 950 million for the purpose of acquiring the VASS-portfolio from E.ON consisting of 28 energy plants for district heating in Sweden. The Solør Bioenergi Group is a market leader within the areas of renewable- and bioenergy. The issue was a private placement directed to Swedish, Norwegian and international institutional investors. The bonds will subsequently be listed on the corporate bond list of NASDAQ OMX Stockholm.
Gernandt & Danielsson has advised Pareto Securities AS and Pareto Securities AB with a team consisting of Partner Mikael Borg assisted by Partner Candra Torebring, Senior Associate Sofie Viktorsson and Associate Helén Landenberg.