Setterwalls assisted the sellers in the sale of the solar energy developer Helios to VINCI

Setterwalls has assisted the sellers in connection with the sale of all shares in Helios Nordic Energy AB (“Helios”) to the French industrial infrastructure company VINCI, through its subsidiary SunMind. The deal, which was signed on May 29, means that VINCI acquires 100% of Helios for an initial payment of approximately 73 million euros plus an earn-out component. The completion of the transaction is subject to regulatory approvals.

Helios, a Swedish company specializing in the development of solar energy parks and energy storage solutions, strengthens VINCI’s position in renewable solar energy in Northern Europe through this transaction. For the sellers, this deal represents a strategic solution that ensures maximum utilization and deployment of Helios’s portfolio, while creating added value for Helios’s current shareholders.

Setterwalls’ team has assisted the sellers throughout the process, from negotiating transaction documents to conducting a vendor due diligence and providing structural advice. The transaction underscores Setterwalls’ position as a leading advisor within the energy sector.