Tomas Gärdfors

Tomas Gärdfors is a banking lawyer based in London. Tomas’ core business is debt solutions in the European energy transition space. Tomas' broad practice includes European cross-border energy infrastructure and energy transition debt transactions, transmission assets, portfolios and projects of common interest. Tomas has advised financial institutions, banks, debt funds, lenders, sponsors and borrowers for over 25 years on debt financing facilities for leveraged acquisitions, project finance, holdco financings and other structured finance transactions across the capital stack, particularly in energy infrastructure.

Tomas is skilled in debt finance with significant interest in energy, infrastructure, energy transition, and digital infrastructure. His practice includes European cross-border energy infrastructure transactions, including M&A and debt financings (including green financings). He has particular experience in the renewables and energy transition space, where he advises clients in various jurisdictions across the UK, mainland Europe, the Nordics, Africa and Latin America.

Tomas has advised on renewable and energy transition financings in the UK, the Nordics, Europe and Latin America. Tomas has extensive knowledge of, and experience in, the Nordic region.
His practice increasingly includes aspects of the energy transition including synthetic fuels and battery storage.

Tomas is qualified in both Sweden and England & Wales and is a fluent speaker of English, Swedish, and German with a working knowledge of Danish and Norwegian.

• Advising on the development and construction financing of certain heat-to-X pilot projects in Sweden.*
• Advising on a Nordic battery energy storage platform investment.*
• Advising senior and junior lenders on the SEK14.4 billion green financing of Solör Bioenergy Group.*
• Advising Ares IDF Management on its £178 million financing of Brsk Limited’s broadband expansion in the United Kingdom.*
• Advising Ares IDF Management (formerly AMP Capital) and Caisse de dépôt et placement du Québec on their financing of up to €775 million in secured notes issued by affiliates of Phoenix Tower International. *
• Advising AMP Capital on its refinancing of two onshore wind farms with an aggregate capacity of 500MW in Sweden.*
• Advising AES Bulgaria on securing its €64 million credit facilities in relation to the refinancing of the St Nikola wind farm. Our role included advising on the corporate aspects of the transaction, under its applicable shareholders’ agreement.*
• Advising BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company on its committed £230 million multicurrency holdco revolving credit facility.*
• Advising a financial institution on the financing of the MeyGen Ltd tidal power development, as part of the first phase of the 398MW project in the Inner Sound of the Pentland Firth, Scotland*
• Advising Bayerische Landesbank on their financing of the 53.2MW Zinkgruvan wind farm in Sweden.*
• Advising Balticconnector Oy on the gas interconnector between Finland and Estonia, a PCI project.*
• Advising Marguerite on its acquisition of a minority stake in AS Latvijas Gaze, the vertically integrated gas company in charge of the transmission, distribution, storage, and supply of natural gas in Latvia *
• Advising a consortium on the A$10.3 billion NSW Government sale of TransGrid's poles and wires *
• Advising a bidder on its proposed £5.5 billion acquisition of facilities for the purpose of partially financing the takeover of a UK listed energy company *
• Advising Lantmännen on the SEK2.5 billion financing of its acquisition of Vaasan Group, arranged by Swedbank *

*Prior to joining Baker Botts

Recognized for Banking & Finance in the Best Lawyers in the UK, 2013-2023

Bachelor of Laws, College of Law, London 2001

Qualified Solicitor, England & Wales, 2001