FinEst Bay Area Development signed a memorandum of understanding for EUR 15 billion in financing with China’s Touchstone Capital Partners for an undersea train tunnel project linking Helsinki with the Estonian capital Tallinn. FinEst Bay Area raised the first external funding of EUR 100 million from Dubai-based construction company ARJ Holding in December 2018 and is seeking […]
A joint team from Sorainen and leading international law firm Hogan Lovells is advising RB Rail on drafting the underlying international treaties, infrastructure management agreements and revisions to national laws that are needed for management of the Rail Baltica cross-border railway infrastructure. The greenfield European-width fast double-track Rail Baltica railway project, known as the project […]
Sorainen Estonia advised CTS Engtec on the purchase of SystemTest, an Estonian company supplying industrial and infrastructure projects with high-quality industrial automation systems, which it designs, produces and puts into operation. CTS Engtec provides engineering, project management and consulting services in the fields of energy, forestry, mining, petrochemicals and the chemical industry sector. Sorainen advised […]
Sorainen Belarus, jointly with Sorainen Lithuania, acted as Belarusian and Lithuanian counsel for the European Bank for Reconstruction and Development (EBRD) in connection with a USD 15 million loan to Modus Group. The loan aims to finance constructing, equipping and putting into operation four biogas plants with total installed capacity of 4MW to be located […]
Sorainen advised international player Modus Group on the merger of UniPark and Parkdema. UniPark belongs to Modus Group, while Parkdema is managed by the Energy and Infrastructure SME Fund of investment company Lords LB Asset Management. The value of the transaction remains so far undisclosed. Completion of the merger, which still has to be confirmed […]