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Financing agreements signed for the Rūdninkai military base project
We advised the European Investment Bank (EIB), SEB bank and Swedbank, which jointly provided EUR 369 million in loans to Merko Statyba, the developer of the second phase of the Rūdninkai military base. The financing covers two parts of the project: for one part, the EIB and SEB each provided EUR 86 million (EUR 172 million in total); for the other, the EIB […]
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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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The Nordic Investment Bank and NORD/LB signed EUR 64 Million Financing Agreements with Green Genius
We advised The Nordic Investment Bank (NIB) and NORD/LB in providing EUR 64 million in financing to the Green Genius group. The funds will be allocated to the development of two new 91 MW solar power parks in Izabelinė (Ignalina district) and Lieponys (Trakai district). Additionally, an 18 MW battery energy storage system (BESS) is planned in Izabelinė […]
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Eiffel finances 177 MW renewable energy projects in the Baltics and Central Europe
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 […]
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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 […]