We advised the Italian concern SAPI S.p.a. on acquiring a 15% stake in the Cross financing company, which is a holding company for Rietavo veterinarinė sanitarija and Reneta. This is the first investment by the Italian concern in the Baltic countries. The transaction is significant for both parties and as well as the whole region, […]
Video / Viktorija Cherkas
Latvia’s wind energy potential is significant, both for onshore and offshore, but the country is lagging behind its neighbors and others. Only 137.4 MW of capacity have been installed, with wind farm projects taking too long to build. The webinar series “Wind Energy Academy: Latvia” organised by the Latvian Wind Energy Association and law firm Sorainen aims to explain and clarify […]
We advised NORD/LB on providing EUR 43 million in funding to European Energy. The funds will be used to support the construction of Anykščiai solar park, the largest solar park in the Baltics, with a capacity of 65 MW and over 140,000 solar panels across 120 hectares. When fully operational, the park will produce 90,000 […]
Assistant lawyer Krišjānis Knodze compiled the material. Transport/energy Alternative fuels infrastructure: €352 million in EU funding for low-and zero-emission transport projects Published: 11 September 2023 The European Commission announced the 26 projects from 12 Member States that will receive funding to install alternative fuels infrastructure. Among those, a Latvian project “Elektrum Drive – e-mobility network in […]