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Rail Baltica EUR 1.77 billion electrification contract signed
Rail Baltica will electrify 870 km of railway and 2,403 km of track across Estonia, Latvia and Lithuania, making it the most extensive railway electrification project in Europe and one of the biggest worldwide. It will also pioneer the large-scale use of Static Frequency Converter (SFC) technology combined with 2x25kV in a 50 Hz system, […]
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Latvijas Banka has issued an EMI licence to Pace FS
We are glad to announce that, on 18 June, the Supervision Committee of Latvijas Banka issued an EMI operating licence to Pace FS. We at Sorainen would like to congratulate Pace FS and their team on this milestone achievement. About Pace FS Pace FS is a fintech company dedicated to providing payment services for online […]
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Activate Capital invests in Aerones
We assisted Activate Capital in relation to its investment in Aerones, a provider of robotic inspection, maintenance and AI-driven solutions for wind turbines based in Riga, Latvia. About the case Aerones has just raised 62 million USD in an investment round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, […]
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Noda registers its trademark in the European Union
We assisted Noda – a leading worldwide payment provider – in preparing and implementing a strategy for protecting its intellectual property. Our involvement and team In particular, Sorainen worked on the trademark registration strategy, reviewed the client’s trademark portfolio, and assisted the client in registering its trademarks in the European Union. The client was assisted […]
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Change Ventures invests in EngyCELL
We are pleased to have supported Change Ventures with their investment in EngyCELL, a Latvian-based provider of personalised energy storage solutions. About the case EngyCELL offers personalised energy storage solutions that help users reduce energy costs, gain energy independence and participate in the energy market. Change Ventures, a leading Baltic venture capital fund, has invested […]