SEB Nordic Energy Fund, through Locus Energy, has completed the acquisition of three hydropower assets located along the Nissan River in Halmstad Municipality, bidding zone SE4. The assets – Maredsfors, Oskarström Övre and Oskarström Nedre – have a combined annual production of approximately 24 GWh, strengthening Locus Energy’s growing renewable energy portfolio in southern Sweden.
Varberg Energi focuses on renewable energy and energy balancing. With creativity and commitment, Varberg Energi works to develop sustainable solutions for their customers. A long-term perspective and high quality guide Varberg Energi’s investments in wind, solar and battery parks, as well as smart energy services, to contribute to a sustainable society.
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 in small-scale hydropower, wind power and battery storage. The business model focuses on acquiring and modernizing existing facilities to increase local, sustainable energy production and meet future environmental standards.
The Morris Law team primarily consisted of Carl Friberg, Christina Rydell Ahlström, Elsa Smedberg, Fredrik Holst and Jesper Almqvist.