MAQS advised Locus Energy on the acquisition of all of Wallenstam's wind farms

The real estate company Wallenstam has signed an agreement to sell all of its wind farms to the SEB Nordic Energy Fund through Locus Energy. The deal comprises a total of 53 wind turbines with an installed capacity of 112 MW and a value of SEK 830 million.

In connection with the sale, Wallenstam is securing electricity for its properties through an agreement with Locus Energy for the supply of renewable energy.

Locus Energy is a long-term owner and developer of renewable energy in the Nordic region. The company is owned by the Article 9 fund SEB Nordic Energy and invests capital from the fund. The portfolio consists of hydropower, wind power and battery storage, with a focus on acquiring and developing existing facilities.

The transaction will be completed once the Swedish Agency for Strategic Products (ISP) has granted its approval.

MAQS Advokatbyrå advised Locus Energy on the transaction through MAQS Energy Group. The work was led by Mikael Kowal, assisted by David Matsson, Kristin Busterud Öhman, Elin Stolpe, Felicia Strandh, Jennifer Bake, Alexander Abraham and Johannes Ljusteräng.