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Livonia Partners invests in Estonian healthcare company
We advised Livonia Partners, one of the leading private equity funds in the Baltics, on acquiring a majority stake in Medicum, one of Estonia’s largest healthcare companies. Founded in 1986, Medicum’s group of 450 employees provides general and specialised medical care across five locations in Tallinn, Harju County and Tartu. The involvement of Livonia Partners […]
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An Estonian defence startup raised nearly EUR 8 million to develop an innovative communication system
We advised the Estonian defence startup Wayren on securing a strategic investment agreement worth EUR 7.9 million with EFA Group, one of the world’s leading defence industry groups. The goal of this collaboration is not merely to raise funds, but to refine the pilot project and prepare for large-scale production and delivery. An uninterrupted battlefield […]
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Progress in development of offshore wind farms in Estonia
We advised Edel Offshore Wind regarding opportunities to develop offshore wind farms in Estonia, including participating in the auctions for superficies licences in the Liivi 1 and Liivi 2 sea areas. These were Estonia’s first auctions to initiate superficies licence processes. This licence is required to place electricity production installations on the seabed and to […]
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Eiffel finances 177 MW renewable energy projects in the Baltics and Central Europe
We advised Eiffel Investment Group on a EUR 20 million debt financing agreement with Envolve Capital (formerly Modus Asset Management), one of the leading investment fund management companies specializing in energy transition in the Baltics and Central Europe. The financing will support the construction and commissioning of a 177 MW portfolio of solar and wind […]
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Exploring the possibilities of phosphorite use – two potential pathways
We advised the Geological Survey of Estonia on signing two contracts, the first step in exploring the possibilities of processing and mining phosphorite. Exploring the phosphorite value chain The first contract was signed in January with Prayon Technologies to test phosphorite processing using the hydrochloric acid method. Three and a half tonnes of phosphorite were […]