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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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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, […]
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Deals & Cases / Asta Augutytė-Rapkevičienė, Augustas Klezys, Tomas Kontautas, Vitalija Impolevičienė, Dr Edgaras Markevičius, Paulius Murauskas, Linas Petronaitis, Reda Čiulkinienė, Radvilė Kvederaitė, Luka Tamulionytė, Dominykas Kulakas, Monika Balčaitienė
We advised Swedbank and Luminor banks on matters related to the concession agreement for the National Stadium, with the banks providing a EUR 100 million syndicated loan to Vilnius Multifunctional Complex, a company owned by Hanner. The funds will be used for the construction of the National Stadium and the multifunctional complex in Vilnius. Swedbank […]
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We compiled an analysis commissioned by the Estonian Government Office to assess whether Estonia could follow the example of some other European countries and abandon the requirement for a usage permit for residential buildings and apartment buildings, and considering how such a change would affect safety, the administrative burden and legal clarity. The analysis, entitled […]
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Recognised as among Europe’s most innovative law firms The Financial Times Innovative Lawyers report 2025 has once again included Sorainen among the most innovative law firms in Europe. This year, we ranked 41st, placing us among the top 50 law firms on the continent and making Sorainen the only firm from the Baltics included in […]