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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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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 […]
