23
Sun, Jun
53 New Articles

Kyriakides Georgopoulos Advises on EQT Investments USD 1.51 Billion Public Offer for Sweden's OX2

Kyriakides Georgopoulos Advises on EQT Investments USD 1.51 Billion Public Offer for Sweden's OX2

Greece
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kyriakides Georgopoulos, working with Vinge, has advised the EQT Investments group on its public offer to acquire Swedish renewable energy company OX2 for USD 1.51 billion through an SPV.

According to the firm, on May 13, 2024, the EQT Infrastructure VI private equity fund made a public offer to buy Swedish renewable energy group OX2 – listed on the Stockholm Stock Exchange – for USD 1.51 billion through Otello BidCo AB. "The offer is conditional on its acceptance by the majority of OX2’s shareholders," the firm reported.

The EQT Infrastructure VI Fund is an infrastructure value-added fund managed by EQT. The fund is located in Stockholm, Sweden.

EQT is a Swedish global investment organization founded in 1994. Its funds invest in private equity, infrastructure, real estate, growth equity, and venture capital in Europe, North America, and Asia Pacific. As of 2022, EQT's assets under management total EUR 210 billion.

OX2 develops, builds, and operates utility-scale renewable energy projects. It has operations in Australia, France, Finland, Greece, Poland, and Sweden, with 961 megawatts under construction at the end of 2023.

The Kyriakides Georgopoulos team was led by Senior Partner Gus Papamichalopoulos and included Senior Associate Antonis Koumpias, Efi Palaiologou, and Tryfonia Angelidou, and Associate Melina Kolovetsiou.

Kyriakides Georgopoulos did not respond to our inquiry on the matter.