We assisted Liwathon, an Abu Dhabi-based company which focuses on the logistics and storage of liquid fuels in niche global markets, in acquiring Vopak E.O.S, the largest independent oil products terminal operator in the Baltic region. Liwathon acquired all shares in the company, which will be renamed Liwathon E.O.S. Implementing strategy Says Gert Tiivas, CEO […]
FinEst Bay Area Development signed a memorandum of understanding for EUR 15 billion in financing with China’s Touchstone Capital Partners for an undersea train tunnel project linking Helsinki with the Estonian capital Tallinn. FinEst Bay Area raised the first external funding of EUR 100 million from Dubai-based construction company ARJ Holding in December 2018 and is seeking […]
Sorainen is advising the European Bank for Reconstruction and Development (EBRD) in connection with a second lending to Modus Group: a loan of USD 11.3 million will be used for construction of two biogas power plants with total installed capacity of 3MW in Belarus. In 2018 Sorainen advised the EBRD in connection with the first […]
A joint team from Sorainen and leading international law firm Hogan Lovells is advising RB Rail on drafting the underlying international treaties, infrastructure management agreements and revisions to national laws that are needed for management of the Rail Baltica cross-border railway infrastructure. The greenfield European-width fast double-track Rail Baltica railway project, known as the project […]
Sorainen Estonia acted as Estonian adviser for syndicate of banks in financing the investment of European Diversified Infrastructure Fund II SPSc, infrastructure fund managed by First State Investments, in Utilitas, Estonia’s largest district heating company and a leading renewable power producer. The syndicate of banks financing the transaction consisted of Skandinaviska Enskilda Banken, Crédit Agricole […]