Morris Law acted as legal advisor in the divestment of Wackes to IDÉ Group AS
Morris Law has acted as legal advisor to the owner of Wackes AB and Wackes AS in connection with its divestment of the shares in Wackes AB and Wackes AS to IDÈ Group AS.
Published
08/10/2025
Morris Law acted as legal advisor to Varberg Energimarknad AB in connection with the sale of the hydropower assets Maredsfors, Oskarström Övre and Oskarström Nedre to Locus Hydro AB.
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.
Morris Law has acted as legal advisor to the owner of Wackes AB and Wackes AS in connection with its divestment of the shares in Wackes AB and Wackes AS to IDÈ Group AS.
Morris Law has acted as legal advisor to Åhléns Group in connection with the company’s successful issuance of senior secured bonds in the amount of SEK 500 million, under a framework of up to SEK 1 billion. The bonds have a tenure of three and a half years and carry interest at STIBOR 3 months plus 5 percent per annum.
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