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Largest acquisition in renewable energy sector in the Baltics this year: Taaleri Energy and Lords LB Asset Management acquire three wind farms in Lithuania
We advised Taaleri SolarWind II fund, managed by Taaleri energia, and investment company Atsinaujinančios energetikos investicijos, managed by Lords LB Asset Management, on acquiring three wind farms from European Energy, a Danish renewable energy company. This is the largest acquisition in the wind energy sector in the Baltics this year. The wind farms, developed in […]
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Certares enters into strategic partnership with Avia Solutions Group
Certares, a US-based investment specialist dedicated to the travel, tourism and hospitality sectors, acquired a stake in Avia Solutions Group (ASG). Certares will provide a EUR 300 million structured equity investment to ASG. The transaction is subject to customary conditions and approvals and is expected to close in Q4 2021. Our pan-Baltic team conducted legal due […]
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ME Investicija sells payment platform Viena sąskaita to Aktiva Finants
We are advising ME Investicija on the sale of Viena sąskaita, the largest bill payment platform in Lithuania. The Estonia-based investment company Aktiva Finants has acquired 100% of the company shares. The deal is expected to be closed by the end of 2021, following approvals from Lithuanian regulatory institutions. ME Investicija is an investment company, […]
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The CEB finances purchase of 100 new solo hybrid buses
We advised the Council of Europe Development Bank (CEB), the oldest European multilateral development bank with an exclusively social mandate, on providing funding to Kauno autobusai to purchase 100 new solo hybrid buses. High social and ecological impact of the project The project is expected to have a significant social impact by making public transport […]
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Growmore Group to acquire Medicinos Bankas
We are assisting Nitin Shelke, the founder and chairman of Growmore Group, in entering into an agreement for the strategic acquisition of Medicinos Bankas – a retail bank in Lithuania with assets of USD 395 million (EUR 355 million). Growmore Group is a global investment and financial services conglomerate with businesses across the UAE, UK, […]