SORAINEN Lithuania advised Enerstena Group, a well-known group of companies in the Lithuanian energy sector, on acquisition of Finnish company Nakkila Boilers. The transaction is expected to complete in 2016. Enerstena Group is one of the biggest bioenergy enterprises in the Baltics. The company designs and manufactures biomass boilers, flue gas condensers, furnaces and other […]
SORAINEN is assisting Rexel in selling its activities in the Baltics. With this divestment, along with simultaneous divestment of operations in Poland and Slovakia, announced on 20 January 2016, Rexel is continuing its disposal programme. Completion of the transaction remains subject to approval by the competition authorities. SORAINEN assisted in the Baltic tax structuring of […]
SORAINEN Estonia is advising Fortum, a Finnish energy company, on sale of its 51.4%-shareholding in the Estonian main natural gas import, sales and distribution company Eesti Gaas to Trilini Energy. The transaction is subject to necessary regulatory approvals and customary closing conditions. Fortum expects to finalise the transaction during the first half of 2016. The […]
SORAINEN assisted a consortium of AMP Capital Investors and Infracapital Partners II in acquiring one hundred per cent equity stake in Adven Group, a provider of sustainable and business critical energy infrastructure and services in Finland, Sweden and Estonia. The new owners see significant growth potential in the business over the next five to seven […]
Sorainen Belarus acted as local counsel for Czech Export Bank (CEB) in a project financing transaction. CEB provided a facility of EUR 10.8 million to Belarusian state owned enterprise Grodnoenergo to purchase technological equipment from Czech producer Mavel for construction of a hydro power station in Grodno. The Sorainen team was tasked with drafting security […]