Stockholm-based Polhem Infra, a company established by Swedish pension funds AP1, AP3 and AP4, has acquired a 21 percent stake in Solör Bioenergi Holding, a supplier of renewable district heating in Sweden and Norway.
The investment marks Polhem Infra's first infrastructure acquisition in the energy production and distribution sector.
“This investment is fully in line with Polhem Infra's strategy, where we will make investments in infrastructure with a focus on sustainability to meet the long-term needs of society,” said Mikael Lundin, CEO of Polhem Infra. “Our goal is to contribute to Solör’s continued development with a focus on strengthening the company’s position as a responsible supplier of renewable energy to its customers.”
Lundin was appointed CEO of the newly launched infra company in August, replacing Johanna Tesdorpf, who had acted as CEO