Energy and Infrastructure M&A_2025

SWEDEN Trends and Developments Contributed by: Manne Bergnéhr, Ingela Sundelin and Arvid Sundelin, Hellström Law Firm

• Hydropower transactions will continue to consoli- date small-scale hydropower plants and certain larger non-core assets divestments. • Transport will offer indirect M&A via services, digital systems and logistics real assets. Backlog of investments in water and sewage systems and public investments in security-related assets (such as shelters and certain transport routes) will drive investments in service and construction. Sweden offers one of Europe’s most attractive pipe- lines for long-term, inflation-linked infrastructure returns. This is in part backed by very solid public finances, which drive infrastructure projects in general and investments in new nuclear in particular.

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