Global law firm White & Case LLP has advised Altor Fund V (Altor) on a growth investment in Svea Solar.
Altor is a family of private equity funds focused on investing in and developing medium sized companies. Since inception, it has raised approximately €8.3 billion in total commitments and invested in excess of €4.2 billion in more than 60 companies.
Svea Solar is one of Europe's fastest growing cleantech companies with operations in five European markets – Sweden, Germany, Spain, Belgium and the Netherlands – and more than 700 employees. It offers solutions for sustainable living including solar panel systems, batteries, electric car chargers, fossil-free electricity contracts and a platform enabling customers to produce, consume and sell their power.
The White & Case team in Stockholm which advised on the transaction was led by partner Jonas Lagerroos and included partner Johan Steen and associates David Riihonen, Fredrik Johansson and Alexia Kavaleff.
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