On 15 September 2022, Utilitas inaugurated the largest onshore wind park in Latvia, with a capacity of 58.8 MW. The opening of this park nearly doubled the total wind power infrastructure installed in Latvia. The wind park is located in Tārgale, Ventspils district, Latvia. Total investment in the development of the wind park amounted to […]
We assisted UAB “Ignitis renewables”, a subsidiary of AB “Ignitis grupė” (hereinafter – the Company), in signing a conditional agreement to acquire 100% of the shares in a Latvian company developing a wind and solar project in Latvia (hereinafter – the Agreement), after the approval of the Group’s Management Board. About the project Targeted total […]
News / Kaupo Lepasepp, Kaspar Endrikson, Britta Retel, Piret Jesse, Karin Madisson, Toomas Prangli, Paul Künnap, Eva Berlaus, Rūdolfs Eņģelis, Lelde Laviņa, Raivo Raudzeps, Viktorija Cherkas, Zane Paeglīte, Mantas Petkevičius, Laimonas Skibarka, Daivis Švirinas, Kęstutis Adamonis, Kęstutis Švirinas, Asta Augutytė-Rapkevičienė, Sergej Butov, Augustas Klezys, Tomas Kontautas, Laurynas Lukošiūnas, Aušra Mudėnaitė, Jonas Kiauleikis, Indrė Pelėdaitė, Dalia Augaitė
According to the recently released IFLR1000 rankings, Sorainen is the only law firm in the region holding only the highest, Tier 1 rankings, in all categories in the Baltics. Furthermore, 27 lawyers have earned an individual ranking by the guide, highlighting them as the utmost experts in the region. Leading finance-focused publication IFLR1000 is the […]
On 16 June 2022, the Saeima approved on first reading amendments to the Energy Law and the Electricity Market Law, which, among other things, regulate energy communities. Despite the fact that energy communities are well-known elsewhere in Europe, to date, there is no regulation specifically of energy communities in Latvia, and the concept is relatively […]
Deals & Cases / Jānis Bite, Eva Berlaus, Māris Simulis, Līva Aleksejeva, Zane Akermane, Ieva Zariņa, Kate Berlaua, Alise Igale, Jonas Kiauleikis, Matas Mačiulaitis, Piret Lappert, Pirkko-Liis Harkmaa, Britta Retel, Nele Suurmets, Kadri Puu, Liisa Maria Kuuskmaa, Private: Eva-Maria Kullamäe-Kuur
Acting as local counsel for the Baltics, we have been advising IK Partners and Renta Group on its acquisition of Uprent Group. About Renta Renta is a full-service machinery and equipment rental company, which prior to the acquisition had operations in Finland, Sweden, Norway, Denmark and Poland, with over 100 depots and more than 1,000 […]