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Ignitis Group secures EUR 318 million financing for the biggest wind farm in the Baltics
We advised entities of Ignitis Group on signing the project financing agreements and securing EUR 318 million in funding for the 314 MW Kelmė Wind Farm. This is the largest project of its kind in the Baltic States, controlled by Ignitis Renewables, a subsidiary of Ignitis Group. The loan agreements were concluded between Vėjas LT […]
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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]
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Lords LB Asset Management to develop the new business centre in Vilnius
We advised the Right Bank Development Fund, a real estate fund managed by Lords LB Asset Management, on the development of a class A office project in Konstitucijos Avenue, Vilnius. The site at 14A Konstitucijos Ave. is planned to be developed into a 7-story office building with an area of over 19,000 sq m, with […]
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The new Iki store will be opened in the Europa shopping centre
We advised IKI Lietuva on signing a lease agreement for commercial premises in the shopping centre Europa. This will be the first IKI store at shopping, entertainment and leisure centres. “As much convenience as possible for our customers is the constant goal of the team. This constantly encourages us to improve, so we are raising […]
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RGREEN INVEST finances solar power projects in Lithuania
We advised the French investment company RGREEN INVEST on providing EUR 42 million in funding to the renewable energy company Green Genius. The funds will used to build eight solar projects in Lithuania, with a total capacity of 65.7 MW. Sharing a strong aspiration for sustainability “Faced with the imperative to end European dependence on […]