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 […]
We advised Inion, a start-up that has developed a platform for optimizing and monitoring solar power generation, on attracting an investment. The company was invested in by a venture capital fund Smart Energy Fund powered by Lietuvos Energija managed by Contrarian Ventures. More efficient use of energy The start-up has developed both hardware and software […]
Sorainen Estonia acted as Estonian adviser for syndicate of banks in financing the investment of European Diversified Infrastructure Fund II SPSc, infrastructure fund managed by First State Investments, in Utilitas, Estonia’s largest district heating company and a leading renewable power producer. The syndicate of banks financing the transaction consisted of Skandinaviska Enskilda Banken, Crédit Agricole […]
Sorainen Belarus, jointly with Sorainen Lithuania, acted as Belarusian and Lithuanian counsel for the European Bank for Reconstruction and Development (EBRD) in connection with a USD 15 million loan to Modus Group. The loan aims to finance constructing, equipping and putting into operation four biogas plants with total installed capacity of 4MW to be located […]