Sorainen Estonia advised CTS Engtec on the purchase of SystemTest, an Estonian company supplying industrial and infrastructure projects with high-quality industrial automation systems, which it designs, produces and puts into operation. CTS Engtec provides engineering, project management and consulting services in the fields of energy, forestry, mining, petrochemicals and the chemical industry sector. Sorainen advised […]
Sorainen Belarus, jointly with Sorainen Lithuania, acted as Belarusian and Lithuanian counsel for the European Bank for Reconstruction and Development (EBRD) in connection with a USD 15 million loan to Modus Group. The loan aims to finance constructing, equipping and putting into operation four biogas plants with total installed capacity of 4MW to be located […]
Sorainen is advising Home of Smart Energy on the sale of its Estonian and Latvian subsidiaries, 220 Energia, to the Alexela Group. 220 Energia is an electricity sales company based on Estonian private capital. “Alexela is a seller of electricity and gas very similar to 220 Energia, and merging in a single group will provide […]
Sorainen is advising Nelja Energia, a renewable energy producer and developer in the Baltic States, on the sale of a 100% shareholding to Enefit Green, a fully owned subsidiary of Eesti Energia, the largest energy producer in the Baltic States. Vardar has agreed (through its subsidiary Vardar Eurus) to sell its 77% holding of shares […]
Sorainen Estonia advised Elering, the electricity and gas transmission system operator in Estonia, in its successful EUR 225 million Eurobond issue. The bond matures in 2023, pays annually a coupon of 0,875% and will be listed on the London Stock Exchange. The proceeds will be used for refinancing the existing Eurobonds maturing in July this […]