We advised Energiasalv, the developer of Estonia’s first large-scale energy storage system, in relation to the framework for facilitating sustainable investment in the European Union (the so-called EU Taxonomy Regulation). An important part of the green revolution The 500MW hydro-accumulation pump (water storage) to be built in Paldiski is a solution that would allow Estonia […]
We assisted Pon.Bike, a global leader in the bicycle industry, in negotiating and signing an agreement with YIT Lietuva, a sustainable urban development and construction company, for the construction of a 40,000 m2 manufacturing facility in Kėdainiai Free Economic Zone (FEZ) in Lithuania. This will be the company’s eighth factory and will meet the highest […]
We are advising Betoonimeister, a leading Estonian producer of ready-mix concrete, on the sale of the majority shareholding in Betoonimeister to German building materials group Schwenk. Entering a new market As a result of the transaction, Schwenk aims to expand their operations, especially in the ready-mix concrete production market in the Baltics which is outside […]
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 […]
