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Saules BESS to implement an energy storage project through EUR 22 million bond issues
We advised Saules BESS, a Latvian developer of battery energy storage systems (BESS) integrated with solar energy infrastructure, on the structuring and issuance of secured bonds and subordinated bonds to support their business expansion. About the project The newly installed BESS units will be co-located with existing solar power plants. This will enable the implementation of […]
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Neverest Capital secures investment from Enterprise Investors Fund IX into Credit Union Saulėgrąža
We advised financial investor Neverest Capital on the sale of part of its stake in Credit Union Saulėgrąža to Polish private equity fund Enterprise Investors Fund IX and the Fund’s EUR 21.8 million investment into the Credit Union. Following completion, Neverest Capital will remain a minority shareholder in Saulėgrąža. Saulėgrąža is one of the largest […]
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European Legal update: 30.06. – 14.07.2026.
Assistant lawyers Paulina Patašiūtė and Erlandas Prakapavičius compiled the material. Data protection / data & tech EDPB adopts guidelines on anonymisation and web scraping for generative AI and processing personal data through blockchain technologies Adopted: 8 July 2026 The European Data Protection Board (EDPB) adopted new guidelines clarifying the concept of anonymous data under the GDPR, taking into account […]
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Financing agreements signed for the Rūdninkai military base project
We advised the European Investment Bank (EIB), SEB bank and Swedbank, which jointly provided EUR 369 million in loans to Merko Statyba, the developer of the second phase of the Rūdninkai military base. The financing covers two parts of the project: for one part, the EIB and SEB each provided EUR 86 million (EUR 172 million in total); for the other, the EIB […]
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Advising parliament on constitutional questions in crisis governance reform
We advised members of the Estonian Parliament (Riigikogu) on the constitutionality of selected amendment proposals to the draft Civil Crisis and National Defence Act (Bill 668 SE). Our analysis focused on how key state powers should operate during a crisis and whether the proposed solutions are compatible with the Constitution. Constitutional guardrails as the foundation […]