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EU Pay Transparency Directive Implementation Tracker: progress across Member States
With the June 7, 2026, deadline approaching, EU Member States are at different stages of implementing the Pay Transparency Directive, which aims to strengthen pay openness and gender equality across Europe. Addleshaw Goddard has launched an Implementation Tracker, compiled in collaboration with partner law firms including Sorainen, offering a country-by-country overview of legislative progress. Our […]
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Sorainen Tax team achieves Tier 1 rankings across the Baltics in ITR World Tax 2026
Sorainen has once again confirmed its leadership in the Baltic tax advisory market, achieving Tier 1 rankings in both General corporate tax and Transfer pricing in Lithuania, Latvia and Estonia in the ITR World Tax 2026 edition. This recognition highlights the consistent excellence and cross-border strength of our Tax team, which continues to support clients […]
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Taaleri Energia and Lords LB Asset Management to develop large-scale wind farm in Latvia
Sorainen is advising SIA WPR2, a joint venture owned by funds managed by Taaleri Energia and Lords LB Asset Management, on the development of a major wind energy project in Smiltene, north-eastern Latvia. About the project The wind farm will feature 16 high-capacity wind turbines, each with a nominal capacity of 7 MW, resulting in […]
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Aura Power sells 70 MW/140 MWh battery storage project in Šalčininkai
We advised international renewable energy group Aura Power on sale of its majority stake in UAB Aura Power Dubhe (together with other minority shareholders’ stakes, comprising 100% ownership) to Finish energy group Olana Energy. The target is developing 70 MW / 140 MWh capacity late-stage battery energy storage system (BESS) project in Šalčininkai, Lithuania, which […]
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Citadele banka completes successful bond issues
We acted as Latvian legal adviser on two successful bond issues completed by Citadele banka. Bond issue of EUR 300 million onto international markets Citadele banka has issued EUR 300 million of senior preferred unsecured bonds, for which we advised we advised joint lead managers Citigroup, Morgan Stanley and Unicredit, as well as Citadele banka, […]