-
Energix Group acquires 470 MW renewables project in Lithuania
We advised international renewable energy company Energix Group on the acquisition of 100% of the shares in Taupi energija from the Danish company European Energy. The acquired company is developing a 144 MW capacity wind park and up to a 330 MW capacity solar park in Jonava, Lithuania. As agreed, European Energy will develop the […]
-
Green Energy Growth Fund acquires 55 MW solar energy project
We advised Green Energy Growth Fund, managed by Lords LB Asset Management, on the acquisition of a solar power project in Kaišiadorys, Lithuania, with a capacity of 55 MW. Solar power plant construction is scheduled to begin in Q4 of this year. The project will span over 80 hectares and will feature a single-axis tracking […]
-
Furniture manufacturer METAWOOD sells company shares
We assisted the Canadian company Rosizeil Importing Co. Inc. in the sale of furniture manufacturer Metalas ir mediena, which operates under the brand METAWOOD. 90% of the shares were acquired by the Luxembourg fund KJK III Participations S.a r.l., and the remaining 10% by the investment management company GS Invest. Rolanda Gineikienė, CEO of METAWOOD, […]
-
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 […]