Sale of Helios Nordic Energy AB (SE) to VINCI Concessions (FR)

Carnegie acted as financial adviser to Helios Nordic Energy in the sale to VINCI Concessions. The shareholders, including the founders, early investors and Magnora ASA, in Helios Nordic Energy AB, the leading solar power developer in the Nordics, have signed binding agreements to sell all outstanding shares to SunMind, a wholly owned subsidiary of VINCI Concessions, the French leader in concessions, and Helios has entered into an extensive strategic partnership.

Helios was established in 2019 with the purpose to develop utility scale solar power projects in Sweden. Since its inception, the team has managed to build a solid and efficient development platform, resulting in multiple transactions with notable tier 1 investors. Approximately 1 GWp of solar PV projects have been sold, and to date, approx. 300 MWp ready-to-build projects have been handed over to investors. Today, the Company is active in Sweden, Finland and Norway, with an extensive pipeline of PV and BESS projects.