November 19, 2014 - Assignment

SEB provides project financing for construction of 46.2 MW Brotorp Wind Farm

Skandinaviska Enskilda Banken (SEB) has entered into a facilities agreement with a project company owned by a fund managed by BlackRock, the world’s largest asset manager, to provide the project company with financing for the construction of the 46.2 MW Brotorp wind farm, comprising 14 Vestas V126 3.3MW turbines. Total project costs are estimated to approximately EUR 71 million.

Arise AB (publ) will manage the construction and operations of the wind farm on behalf of BlackRock.

SEB was represented by Mannheimer Swartling in the transaction. The firm’s team consisted primarily of Andreas Zettergren, Emilie Andersson and Adam Erdling (banking and finance), Emma Olnäs Fors and Patrik Bengtsson (M&A and corporate), Linnea Ljung-Haanäs and Caroline Perlström (environment, power and construction) and Jonas Larson (real estate).