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The world’s leading energy exchange EEX acquires majority stake in GET Baltic
We advised the Germany-based European Energy Exchange (EEX) on acquiring a 66% share in the regional gas exchange GET Baltic, operated by the Lithuanian gas transmission system Amber Grid. The partnership of EEX, Amber Grid and Get Baltic aims to create a harmonized European gas trading platform EEX offers inter alia natural gas contracts in 10 […]
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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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Ignitis Group acquires wind farm project in Lithuania
We advised Ignitis renewables – a subsidiary of the Ignitis Group – on signing an agreement to acquire 100% of shares of the company developing an onshore wind farm in the Northwest Lithuania, Plungė region. The potential capacity of the acquired wind farm is up to 218 MW. Preliminary investments amount to around EUR 300 […]
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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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PET Baltija, managed by INVL Baltic Sea Growth Fund, aims to acquire Czech fibre producer
We assisted Pet Baltija, one of the largest polyethylene terephthalate (PET) recyclers in Northern Europe, in signing an agreement to acquire the leading Czech fibre producer Tesil Fibres, a spin-off of SILON. PET Baltija operates in Latvia and is managed by INVL Baltic Sea Growth Fund. It belongs to Eco Baltia, the largest environmental and […]