Cobalt has advised FootonVolt on the sale of an 18-megawatt portfolio including 13 solar parks to KC Energy. Sorainen reportedly advised the buyer.
Former Asters Counsel and Head of Environmental Protection and Sustainable Development Anzhelika Livitska has joined Arzinger as a Partner in the firm’s Real Estate & Construction practice. She will also lead Arzinger's Energy & Natural Resources and Environmental & Sustainable Development practices.
In the past, banks have predominantly relied on financial metrics to guide their funding strategies. However, with the prominence and importance of ESG (Environmental, Social and Governance) principles, a paradigm shift is underway. Sustainability metrics are gaining prominence in the decision-making process for financing companies or projects.