-
Lenders back landmark renewable energy project in Latvia
We acted as Latvian legal counsel to the lenders – NORD/LB Norddeutsche Landesbank, Nordic Investment Bank, and Luminor Bank – in the EUR 75 million financing of a 148-MWp photovoltaic (PV) plant in Latvia, developed by Stelo Orienta SIA. This project, supported by the European Union under the InvestEU Fund, is sponsored by European Energy […]
-
Niam Infrastructure and Evecon partner up for 110 MW of solar storage in Latvia
We advise Niam Infrastructure on a significant investment in the Latvian and Baltic renewable energy sector: forming a partnership with Evecon for the installation of up to 84 MWp in solar power and 26 MW in energy storage across 11 project sites in Latvia. This collaboration represents a substantial investment in the region’s renewable energy […]
-
Sunly raises EUR 300 million to expand its production capacity
We advised Sunly, a renewable energy producer, on raising EUR 300 million from Scandinavian and French investors for the construction of solar, wind, storage, and hybrid parks with a total capacity of 1.3 GW. The investment will be used to build large-scale hybrid parks in the Baltics and Poland, contributing to the availability of renewable […]
-
Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
-
Spaces brand launch in Latvia
The holding company IWG’s hybrid co-working spaces brand Spaces and the developer of the Zunda Towers have signed an agreement, according to which the holding company IWG’s brand Spaces will occupy three floors with an area of 2,348 square metres in the Zunda Towers high-rise buildings. The premises will be used as hybrid co-working spaces, […]