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Gren acquires Rīgas Enerģija
With our assistance, the Northern European green energy company Gren has completed a transaction to acquire Rīgas Enerģija, a sustainable energy producer in Riga, adding to its fleet a biomass combined heat and power plant (CHP) that uses a local, renewable energy resource – woodchips – to produce clean and price-competitive heat energy and electricity. […]
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Linstow expands its real estate portfolio in the Riga Central Station area
Linstow, one of the leading real estate developers in the Baltics, has expanded its real estate portfolio in the Riga Central Station area, acquiring seven new properties from three different sellers. At the core of the acquired properties are three land plots with a joint development potential exceeding 25,000 m². The total value of the […]
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Solar’s transaction moves towards a sustainable future
Sorainen Latvia assisted Solar, a leading European sourcing and services company with a focus on climate and energy solutions, in the acquisition of a Latvian company which is the owner of 677 hectares of forest and agricultural land. About the transaction The project is part of Solar’s commitment to sustainability, with the aim to become […]
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BayWa r.e. expands in Baltics by acquiring Proelektro
Sorainen Latvia assisted BayWa r.e. a leading global renewable energy developer, service provider, distributor and energy solutions provider, with the acquisition of Proelktro, a wholesaler of PV modules, inverters and other electrical components. About the transaction The transaction enables BayWa r.e. to implement its strategy to expand its presence in Baltics. Our assistance and team […]
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Gren continues to grow in Latvia
We advised Gren Latvija, one of the leading green energy companies in Latvia, part of Gren Group, in signing an agreement to acquire the green energy company Bioeninvest: a district heating system operator in the town of Gulbene, providing heating to ca. 1,000 customers. Client comment Ilkka Niiranen, CEO of Gren Group, comments: “I am delighted […]