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Sunly raised EUR 60 million in equity funding from current investors
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 […]
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The alliance contracting model will be implemented for a billion-euro procurement for Rail Baltic
We advised Rail Baltic Estonia on preparing the base documents for a significant tender related to an alliance procurement consultancy contract. Alliance procurement is a project delivery model that has successfully been adopted in Finland. In this model, the client, designer and builder share responsibilities and risks, work as a unified team, and always make […]
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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 […]
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Rail Baltic Estonia signed an alliance procurement consultancy contract
We are advising Rail Baltic Estonia in compiling the procurement documents relating to the alliance procurement consultancy contract signed between Rail Baltic Estonia and joint bidders BrainTeam OÜ and Vision Oy. The agreement, which will serve as the basis for the procurement of large-scale Rail Baltica railway construction work, costs approximately EUR 1 million and […]
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Deep Wind Offshore wins the auctions for the Saare 2.1 and Saare 2.2 offshore areas
We advised the Norwegian company Deep Wind Offshore on the purchases of the Saare 2.1 and Saare 2.2 offshore areas. As the sole participant in the auction, Deep Wind Offshore acquired the Saare 2.1 offshore area at the starting price of EUR 2.457 million, and Saare 2.2 also at the starting price of EUR 1 […]