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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 […]
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We acted as transaction counsel in the acquisition of six Airbus A220 aircraft by a joint venture led by Reverence Capital Partners (hereinafter – “Reverence”) and their simultaneous leasing to airBaltic. Our involvement Our assistance included local law advice in relation to the sale of the aircraft and matters related to the leaseback arrangement, financing […]
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We acted as Latvian legal counsel to the lenders – NORD/LB Norddeutsche Landesbank, Nordic Investment Bank, and Luminor Bank – in the EUR 75 million financing of a 148-MWp photovoltaic (PV) plant in Latvia, developed by Stelo Orienta SIA. This project, supported by the European Union under the InvestEU Fund, is sponsored by European Energy […]
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We provided legal assistance Entrum – a company that offers new investment opportunities in real estate in cooperation with the investment platform Mintos. About the project Entrum facilitates residential rental property sales and investments, simplifying transactions for property sellers and investors across Europe. Cooperation with Mintos allows investors to make passive investments, which is an […]
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Deals & Cases / Jānis Līkops, Roberts Prūsis, Raminta Karlonaitė-Durnan, Robin Teever, Aija Lasmane, Alise Igale, Andis Burkevics, Ieva Andersone, Ieva Prūse, Inese Heinacka, Kate Berlaua, Māris Liguts, Māris Simulis, Mariuss Raits Bergmanis, Nauris Grigals, Santa Rubīna, Santa Prauliņa, Vita Berlaua, Zanda Frišfelde
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]