We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
After protracted efforts, Lithuanian investor E energija will finally receive compensation of EUR 3.1 million for being forced out of the heat supply market in Latvia. By a decision of 8 April 2020, a special committee of the International Centre for Settlement of Investment Disputes (ICSID) rejected an application by Latvia to annul the award of 2018 by […]
On 30 January 2020 a global coronavirus outbreak announced by the World Health Organisation as a public health emergency caused delays in shipments from China, as well as failures in the finance, tourism, logistics and production spheres. We offer a brief overview of the most common legal issues arising in the supply sphere. Among the main examples […]
We will be advising the state-owned Ignitis Group, which is considering an initial public offering (IPO). Our team won the tender to consult on this project and signed a three-year contract with the group. The Ignitis Group IPO could be announced after the group delists the shares of its subsidiaries Energijos skirstymo operatoriaus (ESO) and […]
We assisted Kaamos Group in acquisition of 1/6 of the shares in Sunly Land and in negotiating a shareholder agreement. Commented Marek Pohla, Chairman of the Board of Kaamos Group: “Kaamos Group is constantly looking for new innovative companies to invest in. Sunly’s team of renewable energy experts and strategic collaboration with them will enable […]