Deals & Cases / Mirell Prosa, Toomas Prangli, Paul Künnap, Kaspar Endrikson, Hetti Lump-Kivisaari, Pirkko-Liis Harkmaa, Britta Retel, Sandra Mikli, Olivia Kranich, Kadri Puu, Elina Mizerova, Lee Raudsepp, Kevin Piho
We advised Energiasalv on acquiring EUR 11 million in additional financing for its EU Project of Common Interest (PCI project), the “Zero Terrain Paldiski” Pumped Hydro Energy Storage (PHS) plant in Estonia. Strengthening the financial position The funding includes strategic investments from Alexela, Sunly, Combiwood Grupp, Warmeston, and Kiikri Kodu. The financing aims to expedite […]
It is often asked whether a local government is obliged to give its approval to the installation of an energy supply object on a local government’s property – in particular, to the networks that cross it? The construction of a new energy supply facility (installation of production devices, networks, lines and accessories) usually requires third-party […]
Sorainen provides a full range of legal services to Enefit, one of the leading electricity and natural gas traders in Latvia. About Enefit Enefit is the second-largest electricity trader in Latvia, offering energy solutions, natural gas and support instruments to promote energy efficiency, as well as the installation and financing of solar panels. Enefit is […]
Publication / Viktorija Cherkas
Market was expecting these regulations for years to finally access the public forest lands, so let’s look into details of amendments to Reg.No.350 approved on 13.06.2023: Auction – the only form to grant rights for research of the public land and construction of the wind farms; The auctions may be organised as (1) regular – […]
We are advising Sunly, an independent power producer, on raising EUR 30 million from the European Bank for Reconstruction and Development (EBRD). Increasing energy security As a result of the equity investment, the bank acquires a 5% minority stake in Sunly. The investment of the EBRD will enable Sunly to expand its renewable energy capacity […]