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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 […]
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Assistant lawyer Nikola Cīparsone compiled the material. ESG The Commission adopts the European Sustainability Reporting Standards Adopted: 31 July 2023 The Commission adopted today the European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive (CSRD). This marks another step forward in the transition to a sustainable EU economy. The standards cover the full range […]
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We advised Energiasalv, the developer of Estonia’s first large-scale energy storage system, in relation to the framework for facilitating sustainable investment in the European Union (the so-called EU Taxonomy Regulation). An important part of the green revolution The 500MW hydro-accumulation pump (water storage) to be built in Paldiski is a solution that would allow Estonia […]
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Publication / Sofia Kurochka
Assistant lawyer Sofia Kurochka compiled the material. Data protection Proposal for a Regulation laying down additional procedural rules relating to the enforcement of GDPR Published: 04 July 2023 The new regulation provides detailed rules to support the smooth functioning of the cooperation and consistency mechanism established by the GDPR. The proposal harmonises the requirements […]
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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 Lumiste, 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 […]
