21 February 2021 – Polhem Infra, wholly owned by the Swedish State Pension Funds AP1, AP3 and AP4 and Nordic Infrastructure AG, have acquired from the minority shareholder YRC Worldwide Inc. all shares in Swedish Solör Bioenergy Group held by YRC Worldwide Inc. 90% of these shares were acquired by Polhem Infra and 10% of these shares were acquired by Nordic Infrastructure AG. Solör Bioenergy Group is a leading energy company for wood-based district heating.

Walder Wyss AG acted as lead and Swiss counsel to Nordic Infrastructure AG. The team has been led by Urs P. Gnos (Partner, Corporate/M&A) and further included Maurus Winzap (Partner, Tax), Samuel Lieberherr (Managing Associate, Corporate/M&A), Janine Corti (Counsel, Tax), Tervel Stoyanov (Counsel, Finance) and Angela Kummer (Associate, Corporate/M&A).