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Aura Power sells 70 MW/140 MWh battery storage project in Šalčininkai
We advised international renewable energy group Aura Power on sale of its majority stake in UAB Aura Power Dubhe (together with other minority shareholders’ stakes, comprising 100% ownership) to Finish energy group Olana Energy. The target is developing 70 MW / 140 MWh capacity late-stage battery energy storage system (BESS) project in Šalčininkai, Lithuania, which […]
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Aura Power sells 50 MW/100 MWh battery storage project in Kaišiadorys
We advised international renewable energy group Aura Power on the sale of its majority stake in UAB Aura Power Dubhe (together with other minority shareholders’ stakes, comprising 100% ownership) to local Lithuanian investor UAB Karjerų linija. The company is developing a 50 MW / 100 MWh late-stage battery energy storage system (BESS) project in Kaišiadorys, […]
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Sweden’s agricultural co-op of 17,000 owners expands its reach
We are advising Lantmännen, a Swedish agricultural cooperative, on the acquisition of Leipurin and its operations in Sweden, Finland, Estonia, Latvia and Lithuania. Lantmännen is owned by 17,000 Swedish farmers and has 12,000 employees in over 20 countries. While already Northern Europe’s leader in agriculture, machinery, bioenergy and food products, this acquisition will further strengthen […]
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Energix Group acquires 470 MW renewables project in Lithuania
We advised international renewable energy company Energix Group on the acquisition of 100% of the shares in Taupi energija from the Danish company European Energy. The acquired company is developing a 144 MW capacity wind park and up to a 330 MW capacity solar park in Jonava, Lithuania. As agreed, European Energy will develop the […]
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Sunly raises EUR 300 million to expand its production capacity
We advised Sunly, a renewable energy producer, on raising EUR 300 million from Scandinavian and French investors for the construction of solar, wind, storage, and hybrid parks with a total capacity of 1.3 GW. The investment will be used to build large-scale hybrid parks in the Baltics and Poland, contributing to the availability of renewable […]