Setterwalls advised Arise in connection with its acquisition from Bergvik Skog and divestment to BlackRock of the wind farm SvartnäslackRock av 115 MW-vindkraftsparken Svartnäs

Setterwalls advised Arise AB (publ) in connection with the transactions in the projekt.

Arise has acquired the wind farm from Bergvik Skog and developed the project. Thereafter Arise has divested the ready-to-build-projekt to a fund managed by BlackRock, the world’s largest asset manager. Vestas will deliver 32 Vestas 3,6 MW wind turbines, and an agreement regarding sale of electricity and certificates has been entered into with Statkraft.