Newsroom
News
Press Release

White & Case Advises on Acquisition of Adven

Global law firm White & Case LLP has advised institutional infrastructure investors on the acquisition of Adven, a leading provider of clean energy solutions across the Nordics and Baltics, from Infracapital, the infrastructure equity investment arm of M&G Plc, and AMP Capital.

"This transaction demonstrates the strengths of White & Case's capabilities in the Nordic region and our expertise advising on significant infrastructure M&A transactions," said White & Case partner Caroline Sherrell, who led the Firm's deal team. "Our role advising on this transaction encapsulates the Firm's commitment to being at the forefront of energy transition."

Adven is a leading provider of clean energy solutions, providing outsourced infrastructure with a comprehensive, competitive and sustainable offering. Adven's business is comprised of two segments, Industrial Energy Solutions, and Real Estate Heating & Cooling, which deliver clean energy solutions to its customers across five Nordic and Baltic countries. The company, which develops its energy infrastructure through a finance, build, own and operate model, currently delivers energy to well over 300 sites corresponding to an installed capacity of approximately 2GW.

The White & Case team which advised  on the transaction was led by partner Caroline Sherrell (London) and included partners Laura Hoyland and Anneka Randhawa (both London), Timo Airisto (Helsinki) and Henrik Wireklint (Stockholm), local partner Jeremie Jourdan (Brussels) and associates Heidi Blomqvist, Lowrie Robertson, Harriet Doble, Mhairi Fraser, John Timmons and Lily Teh (all London), Micke Kari, Samuel Salmivirta and Nikolas Limingoja (all Helsinki), Marcus Halling, Elin Brannström and Johanna Wagner (all Stockholm), and Louise Lundberg and Martina Castren (both Brussels). 

Press contact
For more information, please speak to your local media contact.