We advised renewable energy company Enerstena on getting EUR 7 million in financing from the State Aid Fund for Business. The fund is dedicated to supporting businesses affected by the pandemic. Enerstena became the first company to receive financing from the fund. This investment is vital Due to the pandemic Enerstena has been forced to […]
Publication / Rimantas Bendorius
In the context of the European Green Deal, the Paris Climate Agreement and other international initiatives to combat climate change, sustainable finance is discussed almost daily. It is becoming not only one of the most important tools in achieving environmental goals that create high added value for society, but also one of the most attractive […]
We advised Estonian sauna solutions producer Saunum Group in the IPO and subsequent admission to trading on First North alternative market operated by Nasdaq Tallinn. Estonian based Saunum Group specialises in the development, production and sale of innovative sauna devices. Exceptional interest from investors The offering targeted to Estonian retail and institutional investors was 10 […]
Sorainen Belarus advised the International Finance Corporation (IFC) on the provision to Priorbank of a seven-year senior finance loan of the equivalent of up to USD 50 million. The loan would be used for on-lending to mortgage borrowers, including for green mortgages, and/or for renovation loans for energy-efficient homes in Belarus. IFC is a global […]
We advised Digital Active, a virtual currency exchange and wallet service provider in Estonia on the process of submitting a complaint and an application for interim relief to the administrative court against the Financial Intelligence Unit in response to a decision to revoke the client’s virtual currency service activity license. Incorrect interpretation of the law […]