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We advised The Nordic Investment Bank (NIB) and NORD/LB in providing EUR 64 million in financing to the Green Genius group. The funds will be allocated to the development of two new 91 MW solar power parks in Izabelinė (Ignalina district) and Lieponys (Trakai district). Additionally, an 18 MW battery energy storage system (BESS) is planned in Izabelinė […]
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Legal assistant Viktorija Markovaite compiled the material. Competition European Commission launches review of Foreign Subsidies Regulation Published: 12 August 2025 The Foreign Subsidy Regulation (FSR) took effect on 13 July 2023. This new set of rules enables the Commission to address any distortions to competition caused by foreign subsidies in the internal market. It allows the EU […]
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We represent the Estonian Environmental Board in an administrative case brought by the MTÜ Eesti Suurkiskjad (NGO Estonian Large Carnivores), which challenged the decision to set the brown bear hunting quota for the 2025/2026 season. The court annulled the previous interim ban and dismissed the request for preliminary legal protection, finding that the bear population is […]
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Private equity firm Livonia Partners has sold its majority stake in Glassense, the leading Baltic glass manufacturer, to Barrus. Kaido Veske, Partner at Livonia Partners, commented: “Barrus has already been involved in glass manufacturing for some time, and their long-standing experience in the wood sector – combined with their growing know-how in glass – positions […]
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