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We advised the largest energy company in Estonia, state-owned Eesti Energia, on raising EUR 400 million by issuing green hybrid bonds. This is the first green hybrid bond issued in the Baltics to be offered internationally and listed on the London Stock Exchange. Enormous interest worldwide Investors oversubscribed the offer fourfold at more than 1.6 […]
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We advised one of Europe’s leading private banks, Berenberg, on providing financing of EUR 26 million to the renewable energy company Green Genius to construct the new solar park in the Baltics. The 121 MW project is located in Jekabpils, Latvia. So far, it is the biggest stand-alone solar park in Latvia, taking over a […]
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Assistant lawyer Nikola Cīparsone compiled the material. Energy A regulation on tracking and reducing methane emissions adopted by the Council Adopted: 27 May 2024 The Council has adopted a regulation on tracking and reducing methane emissions. It is part of the ‘Fit for 55’ package. The regulation introduces new requirements on measuring, […]
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Our firm is acting for several wind power developers against the Latvian government, which passed a law reserving 10% of state forests for the state-owned Latvenergo to develop wind farms there. The state forests had not been available for any renewables development and the opening of market was viewed favourably by the industry as that […]
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News / Kertu Ruus
A general consensus emerged at the annual Baltic M&A and Private Equity Forum that the transaction market is recovering and investors are becoming increasingly confident about investing in the Baltics. The Baltic M&A and Private Equity Forum 2024 was organised by Sorainen on 16 April in Vilnius, in cooperation with leading Lithuanian business media Verslo žinios. […]
