December 21, 2023

Debt financing of Norled AS

On behalf of Norwegian institutional investors, Pareto Alternative Investments AS has participated in a 7-year €700+ million infrastructure debt financing of Norled AS, a leading express boat and ferry operator providing essential transportation services along the Norwegian coast.

The private infrastructure company Norled AS, owned by CBRE Investment Management, has secured over €700 million to refinance Norled's existing debt facilities and support the growth of the business. The other financing parties in the transaction include DNB, SEB, Swedbank, Allianz Global Investors, LBBW, BNP Paribas, Siemens Financial Services through Siemens Bank and Eksfin (Export Finance Norway). The new financing materially extends the debt maturity profile to 2030, which will support Norled's growth plans and the transition of its fleet to sustainable maritime transportation.

More news

See all news

Pareto Solar Fund establishes Norway’s largest solar power plant

Pareto Solar Fund AS (“PSF”), managed by Pareto Alternative Investments AS, is set to establish Norway’s largest solar power plant, with a total installed capacity of over 7,500 kWp. This state-of-the-art facility will generate more than 6 million kWh of renewable energy annually, equivalent to the consumption of approximately 375 Norwegian households. The solar power plant will be installed on one of Norway's largest and most complex logistics properties, under development by Logistic Contractor Norge AS ("LC) and owned by Niam AS, supplying clean energy to the tenant, Ahlsell Norge AS, and contributing to a more sustainable energy future. Read the press release below.

Debt financing of Adven Group Oy

Pareto Alternative Investments AS, on behalf of institutional investors, has participated in a multi-currency c. EUR 675 million (equivalent) infrastructure debt financing of Adven Group Oy, an energy infrastructure provider in the Nordics and Baltics.

PEF Acquires Logistics Property in Lillestrøm

Pareto Eiendomsfellesskap (PEF), is pleased to announce the acquisition of Idun Industri’s HQ location Hvamveien 1. The property has a highly central and strategic location in Hvam, Lillestrøm, 20 min. north of Oslo. With immediate access to the E6 highway, proximity to both central Oslo and Oslo Airport, the location provides easy access to central Norwegian logistics routes.