Ashurst advises underwriters on DIF Capital Partners and EDF Invest's acquisition of Fjord 1

Global law firm Ashurst has advised the underwriters providing debt financing supporting DIF Capital Partners and EDF Invest's successful bid for Fjord 1, Norway's largest ferry operator.

Fjord1 has a fleet of 81 vessels and is the nation's leading owner and operator of electrified ferry transportation.

Ferries are an integral part of the Norwegian transportation infrastructure, with the company serving approximately 50% of all Norwegian passengers and providing critical high-frequency boat services between the mainland and islands, as well as across fjords that facilitate commuting, leisure, tourism, and goods transportation across the country.

The Ashurst team was led by finance partnerLaura Ho, supported by associates Connor Lovie, Sandile Sibiya and Elisa Raiteri.