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Energix completes one of the largest renewable energy project acquisitions in Lithuania
The international renewable energy company Energix Group has completed the acquisition of the Jonava renewable energy project in Lithuania. The project comprises approximately 470 MW of clean energy capacity, including a 140 MW wind farm, a solar park of up to 330 MW, and a 320 MWh battery energy storage system (BESS). This transaction represents […]
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Change Ventures invests in EngyCELL
We are pleased to have supported Change Ventures with their investment in EngyCELL, a Latvian-based provider of personalised energy storage solutions. About the case EngyCELL offers personalised energy storage solutions that help users reduce energy costs, gain energy independence and participate in the energy market. Change Ventures, a leading Baltic venture capital fund, has invested […]
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Energix Group acquires 470 MW renewables project in Lithuania
We advised international renewable energy company Energix Group on the acquisition of 100% of the shares in Taupi energija from the Danish company European Energy. The acquired company is developing a 144 MW capacity wind park and up to a 330 MW capacity solar park in Jonava, Lithuania. As agreed, European Energy will develop the […]
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Acting for DelfinGroup and ViziaFinance before the Latvian Constitutional Court regarding a corporate income tax surcharge and how it is calculated
Sorainen is representing consumer lenders DelfinGroup and ViziaFinance before the Constitutional Court regarding a new corporate income tax surcharge. As of 1 January this year, a new Latvian law has obliged consumer lenders to pay a surcharge of 20% of the previous year’s profits on top of corporate income tax (CIT). The legislator argues that […]
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Acting for West Kredit before the Latvian Constitutional Court regarding a corporate income tax surcharge and how it is calculated
Sorainen is representing consumer lender West Kredit before the Constitutional Court regarding a new corporate income tax surcharge. As of 1 January this year, a new Latvian law has obliged consumer lenders to pay a surcharge of 20% of the previous year’s profits on top of corporate income tax (CIT). The legislator argues that consumer […]