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RGREEN INVEST finances solar power projects in Lithuania
We advised the French investment company RGREEN INVEST on providing EUR 42 million in funding to the renewable energy company Green Genius. The funds will used to build eight solar projects in Lithuania, with a total capacity of 65.7 MW. Sharing a strong aspiration for sustainability “Faced with the imperative to end European dependence on […]
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INVL Baltic Sea Growth Fund completes the acquisition of Nemunas and Eglės Sanatorija
We assisted the INVL Baltic Sea Growth Fund in completing the acquisition of Nemunas, one of the most modern treatment centres in Birštonas; and Eglės Sanatorija – one of the largest spa and treatment centres in the Baltics. The transactions were closed following regulatory approval from the Lithuanian Competition Council. Nerijus Drobavičius, a partner at […]
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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, […]