Polhem Infra, a company formed in 2019 by the First, Third and Fourth

AP Fund (Swedish National Pension Funds), acquired 21 per cent of the

shares in Solör Bioenergi Holding from existing shareholders. Solör

Bioenergy is a leading provider of renewable energy based on wood fuel

and district heating in Sweden and Norway.

Bär & Karrer acted as Swiss legal counsel to Polhem. The team

included Cédric Chapuis and Christian Kunz (both M&A/Corporate).

Mannheimer Swartling acted as international counsel.