Latham & Watkins Advises Pension Fund Consortium on Refinancing of Stockholm Exergi MidCo Debt

"Latham & Watkins advised a consortium of European pension funds — APG, Alecta, AXA IM, Keva and PGGM — on the refinancing of the existing MidCo debt in Stockholm Exergi, Stockholm’s largest heating and cooling infrastructure provider. The refinancing supports the investors’ continued commitment and the company’s growth toward leadership in European carbon capture."

Latham & Watkins advised a consortium of European pension funds — APG, Alecta, AXA IM, Keva and PGGM — on the refinancing of their existing MidCo debt in Stockholm Exergi. The transaction refinances the consortium’s existing MidCo debt in Stockholm Exergi, which is Stockholm’s largest heating and cooling infrastructure provider. The refinancing will support the consortium’s continued commitment to Stockholm Exergi and the company’s growth as it seeks to become a market leader in the European carbon capture space. Latham & Watkins represented clients APG, Alecta, AXA IM, Keva and PGGM with a team composed by: Conrad Andersen (London infrastructure partner), Amanda Fortuna (counsel, infrastructure team) and Lewis Morley (associate).

Latham & Watkins Advises Pension Fund Consortium on Refinancing of Stockholm Exergi MidCo Debt

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