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Encavis AG acquires a wind farm (69 MW) in Lithuania for the first time
We assisted Encavis AG, the Hamburg-based wind and solar park operator, in acquiring an onshore wind farm in Lithuania, which is already connected to the grid and has a nominal output of 69.3 megawatts. Encavis AG is expanding its portfolio to more than 2.1 gigawatts of generation capacity The project was developed by E energija […]
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Lithuania borrows EUR 1.2 billion on international markets
We represented bank dealers as Lithuania borrowed EUR 1.2 billion on the international capital markets by issuing a new 5.5-year Eurobond of EUR 900 million and tapping the 10-year Eurobond issued in spring this year for EUR 300 million. “As interest rates continued to rise, Lithuania took advantage of the temporarily stable situation in the […]
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Šiaulių bankas establishes EUR 275 million SB Modernisation Fund for renovating apartment buildings
We advised Šiaulių bankas on the establishment of the EUR 275 million SB Modernisation Fund and signing agreements with the European Investment Bank, the Council of Europe Development Bank, INVL Asset Management, Swedbank and Nordic Investment Bank (NIB) on the financing and management of the fund. The fund administered by Šiaulių Bankas will consist not […]
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Lithuania borrows EUR 750 million on international markets
We represented banks dealers in Lithuania’s borrowing of EUR 750 million by issuing a 30-year Eurobond issue. The annual interest rate for this emission is 0.75%. Lithuania’s fourth 30-year Eurobond issue This is Lithuania’s fourth 30-year Eurobond issue, which will ensure the interest will be fixed at a low level for a long period of […]
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CGTrader raises USD 9.5 million in funding
We advised CGTrader, a Lithuanian company operating a three-dimensional (3D) model trading platform, in attracting USD 9.5 million in investment. One of the investors in the company is Mikael Hed, the former CEO of Rovio, the company that created Angry Birds. He has also become Chairman of the Board of CGTrader. The main investor in […]