We advised Sunly, a renewable energy producer, on raising EUR 60 million from existing shareholders, including the European Bank for Reconstruction and Development (EBRD), Mirova, and Vardar. This funding follows Sunly’s 300 million EUR debt financing round in August 2024. One of the shareholders, Grzegorz Zielinski, EBRD’s Head of Energy Europe, commented on EBRD’s support […]
We advised the BADideas.fund syndicate on their EUR 1 million funding of a platform empowering entrepreneurs, influencers, and online businesses to create and sell their own branded consumer packaged goods (CPG) without the need for an inventory or upfront costs. About the BADideas.fund BADideas.fund is an early-stage unicorn-builder syndicate, investing USD 100,000–200,000 in Central and […]
We are proud to have successfully represented Delta Digital Ltd, a Maltese-based company, in resolving a claim against a Latvian opponent. About the case The matter concerned a service contract related to online gaming operations. We argued our client’s case to the Latvian court according to Maltese law. Situations of this kind are becoming more common: […]
We are acting as collateral agent in an issue of public secured bonds worth EUR 10 million by Longo Group, the largest used car retailer in the Baltic region. Our assistance Our assistance involved reviewing the base prospectus from the collateral agent’s perspective, drafting the Latvian and Lithuanian law governed collateral and collateral agent agreement, as […]
We advised the International School of Riga (ISR) on signing an agreement with Baltic Horizon Fund for the lease of 3,680 sqm of space in its own building at 27 Skanstes Street, Riga. This transaction is one of the largest leases of office space in Riga this year. The lease agreement is for five years, […]
