Amund Berthelsen Erdal
Amund Berthelsen ErdalPartner
Amund Erdal assists Norwegian and international clients with acquisitions and investments, project development and corporate and regulatory matters, focusing mainly on renewables, infrastructure, including investments in battery, hydrogen and circular economy projects, and green technologies. Amund has extensive experience with acquisitions, investments, and restructurings, as well as the development of renewable projects and negotiation of PPA structures.
Amund is ranked by Chambers & Partners and Legal 500, and is also ranked as one of the ten leading lawyers in the renewable energy sector in the Norwegian Financial Daily’s (Norwegian: Finansavisen) annual peer review.
“We highly recommend partner Amund Erdal. A combination of deep knowledge and a calm overview makes him an excellent lawyer and project leader in all phases of our renewables projects, from the development of the project to M&A processes.
Legal 500, 2023
“Amund Berthelsen Erdal is very responsive, knows the business well and provides solid legal work.”
Chambers & Partners, Europe 2023
Background
Partner, CLP (2019-)
Senior Lawyer/Senior Associate/Associate, CLP (2009-2018)
Education
Master of law, University of Oslo (2009)
CLP advised in Morrow Batteries’ private placement of up to EUR 70 million
CLP acted as legal advisor for Å Energi Invest and coordinating counsel for all major shareholders in Morrow Batteries A...
Investment from Climate Fund Managers in Release Solar
CLP advised Climate Fund Managers (CFM), in the investment of USD 102 million in Norwegian renewable energy company Rele...
CLP has assisted Liwlig Group Oy in its acquisition of a majority stake in Gyro Holding AS
CLP has assisted Liwlig Group Oy (LIWLIG – Nordic Events Group) in its acquisition of a majority stake in Gyro Holding A...
CLP has advised Volue ASA on its acquisition of Enerim Oy’s Wholesale Markets business line
CLP has advised Volue ASA on its acquisition of Enerim Oy's Wholesale Markets business line. The transaction is structur...
Identification of areas for offshore wind energy
A directorate group, led by NVE, was requested to identify new areas suitable for development of 30 GW offshore wind, an...
Could Contracts for Differences Speed Up Norwegian Investments in Renewable Energy?
Ever since the Netherlands pioneered in using Contracts for Differences (CfDs) as a tool for incentivising investment in...
CLP has advised on the sale of Teknograd AS
CLP has assisted the shareholders of Teknograd AS with the sale of 100% of the shares in the company to Norvestor backed...
CLP has advised on the sale of CICERO Shades of Green AS
CLP has assisted the shareholders of CICERO Shades of Green with the sale of 100% of the shares in the company to S&...
CLP advise DLTx on transformational transaction
CLP is advising Oslo Børs-listed DLTx ASA on its business combination with Blockchain Moon Acquisition Corp, a blank che...
Longship and Northern Lights: Carbon Capture, Transportation and Storage in Norway
Building on Norway's experience with carbon capture and storage (CCS) from the 1996 Sleipner project, the Norwegian Gove...
CLP has assisted Credo Partners AS with establishing a new chain of fitness centres
CLP has assisted Credo Partners AS with the investment in the fitness centre chains Nr1 Fitness, Sprek365, Toten Trening...
The Norwegian government launches its policy on a new battery strategy
On 29 June 2022, the Ministry of Trade, Industry and Fisheries announced its strategy for development of a sustainable a...
CLP assisted in the sale of Norsk Bioenergi to the Solör Bioenergy Group
CLP assisted Rune Isachsen Holding AS and Entrenor AS in the sale of 100 % of the shares in Norsk Bioenergy AS to Solör...
CLP assisted Wittusen & Jensen in the sale of WJ Business Partner
CLP has assisted Wittusen & Jensen AS in the sale of 100% of the shares in WJ Business Partner AS to Johs Olsen Hand...
CLP has assisted Arendals Fossekompani ASA in its acquisition of IPT Technology GmbH
CLP has assisted Arendals Fossekompani ASA in its acquisition of IPT Technology GmbH, a German company developing wirele...
CLP advised Morrow Batteries in its EUR 100 million Private Placement
CLP acted as legal advisor to Morrow Batteries AS in its EUR 100 million private placement with Siemens Financial Servic...
CLP has advised on the sale of Arcasa Arkitekter AS
CLP has assisted the shareholders of Arcasa Arkitekter AS with the sale of 100% of the shares in Arcasa Arkitekter AS to...
Utleiesenteret sold to IK Partners backed Renta Group Oy
CLP has assisted the shareholders of Utleiesenteret with the sale of Utleiesenteret to Renta, an IK-Partners backed cons...
Addendum to the white paper on energy
The Norwegian Government published an addendum to the white paper on the long-term value creation from Norwegian energy...
CLP has assisted Arendals Fossekompani in its acquisition of a majority stake in the German energy storage specialist Commeo GmbH
CLP has assisted Arendals Fossekompani ASA in its acquisition of a majority stake in Commeo GmbH, a German company which...
Aktiv Veidrift and Aktiv Veidrift Utleie sold to Green Landscaping Group
CLP has assisted the shareholders of Aktiv Veidrift AS and Aktiv Veidrift Utleie AS with sale of the companies to Green...
CLP assists Fortum in the sale of its 50% ownership in Fortum Oslo Varme
Fortum sells its 50 % ownership in Fortum Oslo Varme AS to an investor consortium comprising Hafslund Eco AS, HitecVisio...
Offshore wind update – the first phase of Sørlige Nordsjø II will not be developed as a hybrid project
In 2020 the areas Utsira Nord (up to 1,500 MW) and Sørlige Nordsjø II (up to 3,000 MW) were the two first areas opened f...
CLP has assisted ECO STOR in forming a joint venture with Li-Cycle and Morrow Batteries
CLP has assisted ECO STOR in forming a joint venture with Li-Cycle and Morrow Batteries to construct a lithium-ion batte...
CLP has assisted Segulah-backed Francks Kylindustri on the acquisition of Therma Industri, Invent and HB Kuldetjeneste
Therma Industri AS is the leading provider of industrial heating and cooling solutions in Norway. The acquisition marks...
CLP has assisted Agder Energi AS on its sale of Nordgröön Energie GmbH
Nordgröön provides services within energy optimization, synchronization and integration of renewable energy sources to t...
Kid – JV for new central warehouse
Kid ASA has through its Norwegian wholly owned subsidiary Hemtex Logistikk AS, entered into a commercial cooperation wit...
CLP has assisted Jolt Capital and Lightrock with investments in the wood supplier Kebony
Kebony has patented a technology that gives pine the same properties as tropical timber, and the planks are used, among...
Byggmax acquires Right Price Tiles
CLP has assisted Byggmax in its acquisition of Right Price Tiles, a Norway-based retail company within sale of tiles and...
Photo: Morten Berentsen/Bård Gundersen (sysco.no)
CLP has assisted Credo and SYSCO’s other owners in the combination of Cegal and SYSCO
By the combination of Cegal and SYSCO the ambition is to create a leading, international technology company for the ener...
Jordanes acquires Umoe Restaurants
CLP has assisted Jordanes AS, owner of the branded consumer goods company Scandza, in its acquisition of 100% of the sha...
CLP has advised Alliance Venture in connection with its investment in Equality Check AS
Alliance Venture has invested in Equality Check AS. Equality Check is a digital platform that catalyses equal opportunit...
CLP has advised the shareholders of 99x Technology Limited
CLP has advised the shareholders of the Sri Lankan software development company 99x Technology Limited in the restructur...
CLP has advised Volue AS in connection with its acquisition of ProCom GmbH
Volue AS has entered into an agreement for the acquisition of 100% of the shares in ProCom GmbH. The acquisition will st...
CLP has advised Morrow Batteries
CLP has together with DNB Markets and Arctic Securities assisted the battery manufacturer Morrow Batteries in the equity...
CLP advised APCOA Holdings GmbH on EUR 765 million refinancing
CLP has together with Kirkland & Ellis and other counsel advised APCOA Parking Holdings GmbH on the successful place...
CLP has advised Arendals Fossekompani ASA with the sale of Cogen Energia
Arendals Fossekompani ASA (AFK) has entered into an agreement with the European energy company MET Group for the sale of...
CLP has advised on the sale of Resight AS
CLP has advised Teleplan Globe AS and the other shareholders with selling 100% of the shares in Resight AS to Embriq AS....
CLP assisted CapMan in the sale of St. Olavs Gate 23
CapMan Nordic Real Estate Fund has agreed to sell St. Olavs gate 23, a 4,500 sqm vacant office building located in centr...
Mercell acquires Cloudia Oy
CLP has assisted Mercell Holding ASA in its acquisition of 100% of the shares in the leading Finnish e-Tendering provide...
CLP congratulates Element Logic with a sale of a majority stake in the Element Logic group to Castik Capital
CLP congratulates Element Logic and Kjell and Dag-Adler Blakseth with a sale of a majority stake in the Element Logic gr...
CLP one of the most active law firms for M&A transactions in Q1 2021 in Norway and the Nordics
Mergermarket league tables for Q1 2021 were recently published. M&A activity remains high in the Norwegian and Nordi...
CLP with top rankings in the yearly election of lawyers in Norway
Finansavisen has presented the yearly election of lawyers in Norway, and CLP had the following rankings in 2020: CL...
Volue acquires likron
CLP has acted as legal advisor to Volue AS in connection with its acquisition of the shares in Likron GmbH. Likron is...
Mercell acquires Visma Commerce
CLP has assisted Mercell Holding in its acquisition of the shares in Visma Commerce AB and Visma Commerce AS from the Vi...
Agder Energi divests its shares in Craftor
CLP has assisted Agder Energi with sale of its majority shareholding stake in the Swedish power contractor Craftor to th...
Hofseth BioCare raises NOK 200 million and intends to transfer to Oslo Børs
Hofseth BioCare ASA has recently announced the successful private placement of 24,691,358 shares at a price per share of...
House of Control completes private placement and targets Merkur Market listing
House of Control Group AS has recently announced the successful private placement of 30,950,000 shares at a price per sh...
CLP congratulates Arribatec on a contemplated reversed takeover of Hiddn Solutions ASA
Arribatec is a fast-growing software & consulting company delivering next generation postmodern ERP solutions sold e...
Fortum divests its shares in Solvencia and enters into new pan-Nordic debt servicing agreements with Lowell
CLP advised the listed global energy company Fortum in the divestment of all its shares in the Norwegian credit manageme...
Proposed tightened licensing process for onshore wind and proposal to review all granted onshore wind licenses
The Government has presented a white paper on the licensing process for onshore wind. The white paper proposes amendment...
CLP assisted Nysnø in its cornerstone investment in Alliance Venture Delta
Alliance Venture recently launched its new venture fund Alliance Venture Delta AB, targeting early- stage founders and s...
Norway opened for full-scale offshore wind projects
By royal decree, Norway opened the two first areas for offshore renewables. It is now possible to submit license applica...
CLP assists Agder Energi in establishing Morrow Batteries
Agder Energi and NOAH launch Morrow Batteries, a new technology joint venture, together with Frederic Hauge, Bellona and...
Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF) acquires majority stake in Lefdal Mine Datacenter AS
CLP has acted as legal advisor to Lefdal Mine Datacenter AS and its owners in connection with the divestment of a majori...
CLP assisted Atlantic Sapphire AS with new debt financing
CLP has assisted Atlantic Sapphire AS with its successful execution of a $210,000,000 amended and restated credit facili...
Agder Energi enters into long-term power purchase agreement with the Swedish industry giant Boliden
CLP has advised Agder Energi in the negotiations and signing of long-term power purchase agreement with the Swedish indu...
CLP assists OBOS in divesting Portalen
CLP has assisted OBOS Eiendom AS in divesting the portfolio "Portalen" to an SPV originated by Arctic Securities, with a...
CLP has assisted AF Eiendom in the Rolvsrud Idrettspark transaction
CLP has assisted AF Eiendom in a JV investing in the development project Rolvsrud Idrettspark in Lørenskog. AF Eiendom a...
CLP with top rankings in the yearly election of lawyers in Norway
CLP is proud of the company’s acknowledgements in the yearly election of the best lawyers in Norway facilitated by Finan...
CLP assists Funcom on a voluntary offer from Tencent
The Chinese IT giant Tencent has announced an intention to put forward a voluntary offer for purchase of all shares in F...
CLP has assisted in three parallel transactions
CLP has assisted in three parallel transactions whereby the owners of Arktis AS, Nolliplan AB and Micro Aided Design Oy...
CLP assisted Agder Energi in the establishment of the joint venture OSS Norge AS with Glitre Energi AS
The new joint venture is a result of the merger of Agder Energi's Flyt project and Glitre Energi's OSS initiative. Ag...
CLP assisted Fortum Corporation and Nordic Wind B.V. in the expansion of the shareholder base of Fortum’s Nordic wind portfolio
CLP has acted as legal advisor for Fortum Corporation and Nordic Wind B.V. in the sale of a 80% stake in Fortum's Nordic...
CLP assists Data Respons ASA on a voluntary offer from Akka Technologies
Akka Technologies SE has announced an intention to put forward a voluntary offer for purchase of all shares in Data Resp...
CLP has assisted Dolphin Eiendom in the investment in the shopping centre Jærhagen
CLP has assisted Dolphin Eiendom in the investment in the shopping centre Jærhagen, a joint venture with Coop Klepp SA,...
CLP has acted as legal advisor to Scala Eiendom in the acquisition of the shopping centre CC Drammen
CLP has acted as legal advisor to Scala Eiendom in the acquisition of the shopping centre CC Drammen from the Nordic rea...
Clarification re. trading license for electric vehicle charging
In a circular published on 17 April 2019, the Norwegian Water Resources and Energy Directorate (NVE) clarifies that prov...
Proposal for National frame-work for onshore wind power
NVE (the Norwegian Water Resources and Energy Directorate) has submitted its proposal for the national framework for ons...
CLP has acted as legal advisor to Euro Real Estate
CLP has acted as legal advisor to Euro Real Estate in its acquisition of Karl Johans gate 45 in Oslo. CLP’s core team in...
Standout Capital invests in VisBook
CLP has acted as legal advisor for Standout Capital in their investment in Visbook AS, a Norwegian provider of cloud-bas...
CLP has assisted eSmart Systems
CLP has assisted eSmart Systems in its successful capital raise of USD 18 million. Equinor Energy Ventures leads the ro...
CapMan Nordic Real Estate II leases large retail area in central Oslo to Power
CapMan Nordic Real Estate II fund has let approx. 1,800 sqm of retail space at Lille Grensen 5 to Power, the large and w...
Transaction / Franchise – New European hotel operator
Flying Elephant AS has entered into a business combination agreement with Kilmont AS and Stranden Company AS for the mer...
poLight ASA listed on Oslo Børs
poLight ASA has developed a new autofocus lens which "replicates" the human eye for use in mobile devices and other appl...
CLP has acted as legal advisor for Sparebank1 Gruppen
CLP has acted as legal advisor for Sparebank1 Gruppen in its agreement with DNB regarding the merger of their insurance...
CLP has acted as legal advisor for Scala Retail Property
The Norwegian shopping center companies Scala Retail Property and Salto Eiendom has signed an agreement to merge the two...
CLP assists Fortum in the sale of 10% of the shares in Hafslund Produksjon Holding AS
CLP's renewable energy team, lead by Lars Gunnar Aas and Amund Erdal, has acted as legal advisor for Fortum in the ap. E...
CLP has acted as legal advisor for Stamina Group AS
CLP has acted as legal advisor for Stamina Group AS as the seller of all of the shares in Stamina Trening Holding AS to...
CLP has acted as legal advisor for Scala Retail Property
The Norwegian shopping center companies Scala Retail Property and Salto Eiendom has signed an agreement to merge the two...
CLP assists Nordic Semiconductor in NOK 815 million private placement
Nordic Semiconductor has recently raised NOK 815 million in a private placement towards Norwegian and international high...
CLP assists Atlantic Sapphire in its NOK 600 million private placement and Merkur Market listing
Atlantic Sapphire AS recently raised NOK 600 million in a private placement with Arctic Securities, DNB Markets and Pare...
CLP assists Team Tankers in USD 206 million transaction
Team Tankers International has recently entered into an agreement to acquire each of Anglo-Atlantic Steamship Company an...
Technology and renewable energy transactions
With Brexit talks, the election of Trump and elections in several EU member states, 2017 has been a year where global po...
Funcom enters into joint venture and secures financing in a private placement
Funcom has recently entered into an agreement with Cabinet Group LLC, a Los Angeles based entertainment group, to establ...
Listing of Self Storage Group ASA
Self Storage Group ASA has now successfully carried out an initial public offering and listing of its shares on the main...
Intex Resources secures convertible loan facility
CLP has assisted Intex Resources ASA in securing a NOK 50 million convertible loan facility with connected warrants from...
Initial public offering of Webstep ASA
CLP has acted as legal advisor for Arctic Securities, Sparebank1 Markets and Sparebank1 SR-Bank, Markets in the initial...
Norvestor acquires NetNordic
CLP has acted as legal advisor for Agder Energi Venture AS and the other sellers in the sale of shares in NetNordic Hold...
Closing of the restructuring of the Hafslund ASA group
CLP has assisted Fortum in connection with the closing of the restructuring of the Hafslund ASA group, one of the larges...
CLP acts as legal advisor to Swix Sport
CLP acts as legal advisor to Swix Sport in its acquisition of all the shares in the outdoor gear manufacturer Helsport....
Techstep ASA – Approval of prospectus and listing of new shares
CLP has assisted Techstep ASA in connection with several acquisitions during the winter, the completion of a NOK 100 mi...
CLP has assisted Fortum in the Hafslund transactions
CLP has assisted Fortum in its agreement with the City of Oslo (Oslo kommune) regarding the ownership and future co-oper...
Intex Resources raises equity for investments in Canada
Intex Resources ASA has raised NOK 11.25 million in a private placement directed towards both existing shareholders and...
CLP congratulates Techstep ASA
CLP congratulates Techstep ASA with its successful fully underwritten private placement, raising approximately NOK 100 m...
Standard Drilling raises equity and makes investments
CLP congratulates S.D. Standard Drilling Plc with its three successful private placements, all completed since the middl...
CLP has assisted Fusetools AS
CLP has assisted Fusetools AS in executing a private placement raising approx. NOK 100 million in new equity. Fusetools...
eSmart Systems AS raises NOK 100 million from Kongsberg Digital AS in a private placement
A team of CLP lawyers, lead by Jakob Villum, has assisted eSmart Systems AS in executing a private placement towards Kon...
Restructuring of Olympic Ship
CLP has assisted Clarksons Platou, Nordic Trustee and certain key bondholders in the restructuring of Olympic Ship. The...
CLP has assisted Agder Energi Venture AS
CLP has assisted Agder Energi Venture AS, the venture arm of the Agder Energi group, in connection with its acquisition...
CLP has assisted ETF Partners and Statkraft Ventures
CLP has assisted ETF Partners and Statkraft Ventures in a 5 million USD investment in the software and IT integration sp...
CLP has assisted Fortum Corporation
CLP has assisted Fortum Corporation in an acquisition of three wind power projects with a total installed capacity of ap...
Hofseth BioCare and Hofseth International
CLP has assisted Hofseth BioCare with its continued turnaround project consisting of inter alia an acquisition of 15 per...
Q-Free raises NOK 133.8 million in Private Placement
CLP has assisted Q-Free ASA in executing a Private Placement raising a total of NOK 133.8 million in new equity and with...
Norfund, Rabobank and FMO join forces
CLP has assisted Norfund in the establishment of a joint venture together with FMO and Rabobank for investment in financ...
poLight raises NOK 160 million in Pre-IPO funding round
A team of CLP lawyers, lead by Jakob Villum, have assisted poLight in executing a Private Placement raising a total of N...
Ferd/Mestergruppen offer to purchase all shares in Nordek
CLP has assisted Mestergruppen and Ferd with Mestergruppen's offer to purchase all shares in Nordek, a company owning th...
CLP has assisted Bionor Pharma
CLP has assisted Bionor Pharma in its NOK 1 billion acquisition of Solon Eiendom AS, and will assist Bionor Pharma in a...