Project Finance & PPP

Every large and ambitious project entails significant risks and has long-term impact and financial consequences – and all of those need to be spotted and understood, as well as allocated to the project company, sponsors, contracting authority and financiers to deal with. This might be a road or a public building constructed using the public-private partnership model, or an infrastructure or production facility with development fund support. As a sponsor you would like the project risks to be ringfenced from your other businesses – we have experience with all of these situations and more, even though in our region activity is only just developing in this area. As financier, you want to know the risk profile of your ultimate borrower and their revenue stream. With many more projects expected to come to our markets in the future, we are already equipped to be a valuable part of your advisory team. When it comes to charting a clear path for ambitious ideas, we speak the same language as financial and technical experts.

We can help you with

  • Project structuring (including tax)
  • Public procurement
  • Project finance
  • Land and zoning
  • Construction
  • Insurance
  • Competition and regulatory
  • Documentation and negotiations at all stages of project finance and PPP transactions

Contact us

Experience

  • Legal Adviser

    SEB Bank

    Financing of Palanga bypass project ‒ the first project in the Lithuanian transport and communications sector through public/private partnership

  • Legal Adviser

    EBRD

    Advising on a loan to Modern-Expo group for increasing production volumes at two manufacturing sites in Belarus and Ukraine

    USD 15 million
  • Legal Adviser

    NEFCO

    Advising international finance institution (established by the five Nordic countries to finance green investment projects) on signing subscription agreement with BaltCap for equity investment in new infrastructure fund for the Baltics

  • Legal Adviser

    DNB Bank, Nordea Bank, Skandinaviska Enskilda Banken and Swedbank

    Financing floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) terminal in Klaipėda. The FSRU, named “Independence”, became a major and successful state strategic project in Lithuania

    USD 250 million
  • Legal Adviser

    EBRD

    Advice on lending to Modus Group aimed to finance launch of four biogas plants in Belarus: the first EBRD investment in the Belarusian renewable energy sector

    USD 15 million
  • Legal Adviser

    Estonian Road Administration

    Advice (with PricewaterhouseCoopers and Hogan Lovells) on preparation of major PPP project for construction and maintenance of a section of national road connecting capital city Tallinn with Estonia's second city, Tartu, and ending at the Russian border (the Kose-Mäo road)

    EUR 173 million
  • Legal Adviser

    Eksportfinans

    Advising Norwegian export credit institution on financing three new ferries from a Norwegian shipyard to service lines from the Estonian mainland to Hiiumaa and Saaremaa islands managed by Saaremaa Shipping Company

    EUR 81 million
  • Legal Adviser

    Riga Municipality

    Assisting Riga Municipality to investigate legal risks related to construction of Northern Corridor