Jonas Frii
Partner, Member of the Swedish Bar AssociationProfile
Jonas Frii is a senior partner with nearly 30 years of experience advising on energy, infrastructure, electrification and real-asset transactions across the Nordic region. He is widely recognised for his deep sector insight and long-standing presence in the market, acting for leading investors, developers, utilities, infrastructure funds and public authorities on complex project investments, financings and divestments.
Jonas has a uniquely broad track record across critical infrastructure, including data centers, large-scale grid and electrification projects, energy-intensive industries, battery and hybrid assets, solar and onshore/offshore wind. His experience covers the full lifecycle of major infrastructure projects, from land acquisition and permitting to power strategy, PPA/offtake structures, regulatory matters, long-term contracting and project execution.
He has played a central advisory role in many of the Nordic market’s most significant energy and infrastructure projects over the past decades, and is also active in the rapidly expanding Nordic data center sector — advising on grid capacity, regulatory frameworks, energy contracting and project delivery. His mandates frequently involve cross-border transactions, project financing and complex negotiations, and he has advised Swedish state entities including the Ministry of Finance and the National Property Board.
Jonas is recognised for 14 years by Legal 500 (Energy) – Hall of Fame and for 13 years by Chambers Europe (Energy & Natural Resources) – Band 1, reflecting his longstanding and highly regarded position in the Nordic energy and infrastructure market.”
2000-,
Setterwalls
1998-2000,
Advokatfirman Lindahl
1998,
Trelleborg District Court
1998,
Lund University, Bs.S.
1997,
Lund University, LL.M.
19 Sep 2024
Setterwalls advised Arise on the divestment of the 40 MW battery storage project “Pajkölen”19 Jul 2024
Setterwalls advised Octopus Renewables Infrastructure Trust plc in its sale of Ljungbyholm wind farm04 Jun 2024
Setterwalls assisted the sellers in the sale of the solar energy developer Helios to VINCI06 Jul 2022
Setterwalls has advised Arise AB in connection with issue of green bonds on Nasdaq Stockholm16 Jun 2022
Setterwalls has assisted Catena in the sale of a warehouse and logistics property to Alwex31 Mar 2022
Setterwalls has assisted Catena in connection with the acquisition of a portfolio of logistics properties16 Mar 2022
Setterwalls legal advisor to Octopus Renewables on its acquisition of the 31.5 MW Marhult wind farm from OX224 Jun 2021
Setterwalls has advised RWE in its divestment of the wind farm projects Skallberget, Utterberget and Tjärnäs06 Nov 2020
Setterwalls has advised CEE Group in connection with its refinancing of the Zinkgruvan wind farm15 Oct 2019
Setterwalls has assisted CEE Group in connection with its acquisition of a Swedish wind farm23 Sep 2019
Setterwalls has assisted Hamburg Commercial Bank in connection with the financing of the Lyngsåsa wind farm22 May 2018
Setterwalls advises Aquila Capital in connection with its acquisition of the wind farm Ykspihlaja from OX2.15 Nov 2017
Setterwalls has assisted Fontavis in connection with its acquisition of the wind farm Stigshöjden from OX226 Jun 2017
Setterwalls has assisted Marguerite in its acquisition of a wind farm from Element Power and Kraftö05 Apr 2017
Setterwalls has advised Arise in a rights issue of convertible bonds amounting to SEK 245 million25 Nov 2016
Setterwalls has assisted Aquila Capital in its acquisitions of wind farms from OX2 Group AB23 Mar 2016
Setterwalls has assisted Arise in the sale of the wind farm Solberg to Fortum Generation29 Jan 2016
Setterwalls has assisted Enzymatica AB (publ) in the acquisition of the Icelandic company Zymetech10 Sep 2015
Setterwalls has assisted Arise in the sale of the wind farm Skogaby to Allianz Global Investors07 Aug 2015
Setterwalls has assisted Arise AB (publ) in the sale of the wind farm Mombyåsen to Allianz Capital Partners20 Jul 2015
Setterwalls has assisted Arise AB (publ) in the sale of the wind farm Ryssbol to KumBro Vind22 Nov 2021
What IP-tricks to look out for when sourcing maintenance services for windfarms from a new supplier12 Nov 2021
New act alert; foreign investments in Swedish energy assets may be screened and prohibited28 Apr 2021
News on the Nordic energy market20 Sep 2019
Setterwalls’ Energy Insights: The Plot Thickens01 Aug 2019
M&A in Life Science and technology23 May 2014
Life Sciences Report May 2014”Jonas Frii is great to work with and has excellent sector knowledge.”
Chambers Europe
”Jonas Frii, Tove Andersson and Martin Sandgren are all very good lawyers in their respective fields of law and possess an impressive sector knowledge. A team that is hard to beat.”
Legal 500
”Jonas Frii is an exceptionally good team leader and also the best M&A lawyer in the market. ”
Legal 500
”He is ridiculously well connected and experienced.”
Chambers Europe
”He brings a depth and breadth of experience to what could be considered commoditised advice.”
Chambers Europe
”He manages a tightly run team, always delivers and is always available.”
Chambers Europe
”Jonas has great market knowledge, has an extremely good service level and takes on complex situations with brilliance.”
Chambers Europe
”Jonas Frii’s team is more than a well-oiled machine – they are up with the best in Europe.”
Legal 500
”A great strategist with an unquestionably determination to put our needs first.”
Legal 500
”Jonas Frii is the best energy lawyer in the Swedish market – if it comes to energy transactions there is no-one in the market that can match his capabilities, negotiation skills, legal and business acumen and stamina.”
Legal 500
”Jonas Frii is our go-to lawyer for renewable energy transactions in Sweden.”
Chambers Europe
”One of the most experienced lawyers in this field.”
Chambers Europe
”Excellent industry knowledge and a brilliant hands-on approach.”
Chambers Europe
”The team around head partner Jonas Frii has in-depth knowledge of the renewable energy market and market participants in the Nordics. Further, they have vast experience with respect to all legal areas that are relevant in connection with the development, erection and operation of wind farms in the Nordics.”
Legal 500
”Jonas Frii – hands-on approach, deep understanding of renewables market, excellent quality of work, approachable.”
Legal 500
”The team around Jonas Frii has in-depth knowledge of the market and all legal aspects related to wind energy projects in the Nordics. Jonas Frii provides his advice with a very pragmatic approach and is strong in upholding his client’s position in negotiations. He is probably one of the best lawyers available in the Nordics for renewable energy transactions.”
Legal 500
”Jonas Frii cuts to the chase in a diplomatic way so no time is wasted.”
Legal 500
”Cuts to the chase and avoids lengthy theoretical debates. He is customer-oriented, pragmatic and no-nonsense.”
Chambers Europe
”Has a wealth of experience in the industry.”
Chambers Europe
”Jonas Frii provides invaluable guidance and is particularly experienced in acquisitions and financings.”
Legal 500
”Jonas Frii has a widely recognised practice in energy-related M&A and financing matters and is respected as an "outspoken, very confident and good negotiator" who "guides clients very well" through mandates. He offers particularly extensive experience in the wind power sector, where he advises clients on power purchase and other transactions.”
Chambers Europe
”Jonas Frii enjoys solid praise from market observers who describe him as being a “pragmatic” practitioner.”
Chambers Europe
”He is very professional, strict and also fair. He is calm and definitely reliable, and a very good negotiator.”
Chambers Europe
”Consistently delivers the correct advice promptly under the leadership of hardworking, reliable expert.”
Legal 500
”Brilliant mind, good memory, client-first mentality and pragmatic, solution-oriented approach.”
Chambers Europe
”Sources describe Frii as: ’easy to work with and straightforward.”
Chambers Europe
”Commercial and practical.”
Legal 500
”Really good, fast and precise. An expert in this field.”
Chambers Europe
”Jonas Frii is a ‘smart negotiator.”
Legal 500
”Jonas Frii is ‘hardworking and highly regarded.”
Legal 500
”Jonas Frii is an excellent team leader.”
Chambers Europe
”Jonas Frii is a high level renewable energy lawyer with whom we have worked in the past and are always happy to refer to when operating in the energy sector in Sweden”
Chambers Europe
”Jonas Frii is an experienced energy M&A lawyer with a holistic approach and understanding of all aspects of cases”
Legal 500