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Bitė Group issues EUR 200 million additional bond issue
We advised the leading telecommunications and media group in the Baltics, Bitė Group, on the issuance of an additional EUR 200 million bond issue. This is an addition to the record-breaking EUR 920 million bond issue in the Baltics, which the group carried out this spring. Bitė Group offers a wide range of mobile and […]
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Latvijas Banka has issued a crowdfunding service provider licence to FLOW
We are pleased to announce that on 27 August Latvijas Banka issued a crowdfunding service provider licence to FLOW. Congratulations to the FLOW team on this significant achievement! About FLOW FLOW is a new crowdfunding service provider on the Latvian market. The company is authorized to provide loan facilitation services (also known as loan-based crowdfunding) and […]
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Sunly receives almost €85 million international financing
We advised Sunly, a renewable energy producer, on securing a loan of almost EUR 85 million from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and SEB to build four solar parks in Latvia with a total capacity of 329 megawatts (MW) – enough to meet the annual electricity consumption of up […]
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Ignitis Renewables to finance solar farms under development in Latvia with a EUR 77.5 million loan from Swedbank
Swedbank Lithuania and Swedbank Latvia agreed to provide a joint loan of EUR 77.5 million to the international green energy company Ignitis Renewables to finance the development of solar farms in Latvia. About the case The financing will be used to complete the Stelpe and Vārme solar farms currently under development, whose total installed capacity […]