We advised Eiffel Investment Group on a EUR 20 million debt financing agreement with Envolve Capital (formerly Modus Asset Management), one of the leading investment fund management companies specializing in energy transition in the Baltics and Central Europe.
The financing will support the construction and commissioning of a 177 MW portfolio of solar and wind projects across Lithuania, Latvia and Poland. The financing was made available by Eiffel Energy Transition III fund, a specialized professional fund reserved for professional clients which is dedicated to supporting the energy transition in Europe.
“We are proud to support Envolve Capital in building its renewable energy project portfolio. This financing underscores our commitment to accelerating the deployment of essential energy transition infrastructure and contributing to the decarbonization of the energy mix in Europe including Central and Eastern countries. ” – says Pierre-Antoine Machelon, Head of Infrastructure at Eiffel Investment Group
Our team and services
We provided comprehensive legal advice to Eiffel Investment Group, covering all aspects of the transaction, including the structuring, drafting and negotiation of the loan agreement and related security package.
Our team consisted of partners Augustas Klezys, Asta Augutytė-Rapkevičienė, Rūdolfs Eņģelis, counsels Lina Aleknaitė – van der Molen and Natālija Grāvele, senior associate Gabrielė Raižytė and Simonas Šlitas, as well as associate Dominykas Kulakas and
