26
Thu, Dec
87 New Articles

TGS Baltic Advises Mitsubishi on Acquisition of 20% Stake in European Energy

TGS Baltic Advises Mitsubishi on Acquisition of 20% Stake in European Energy

Lithuania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

TGS Baltic, working with Baker McKenzie and Accura, has advised Mitsubishi on its acquisition of a 20% stake in Denmark-based European Energy through a EUR 700 million investment.

According to the firm, "Mitsubishi HC Capital, a specialized financing company, has agreed to acquire a 20% stake in Danish renewables developer European Energy by investing EUR 700 million. Through the partnership, European Energy can enhance its position in the renewable energy sector. The capital injection will fuel the continued expansion of European Energy’s operations."

The TGS Baltic team included Partner Paulius Zapolskis and Senior Associates Indre Vickaite-Liatuke, Lukas Vaisvila, and Simas Paukstys.

Editor's Note: After this article was published, CEE Legal Matters learned that Kromann Reumert advised European Energy.

Subsequently, Cobalt informed CEE Legal Matters it had advised European Energy as well. The firm's team was led by Partner Paulius Markovas.

Baker McKenzie at a Glance

Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

Firm's website.