Ellex, working with DLA Piper, has advised NORD/LB on the construction bridge financing for a Baltic Biorefinery Group-developed PV project in Latvia with Green Genius as the sponsor. TGS Baltic advised Green Genius and Baltic Biorefinery.
NORD/LB is one of the largest commercial banks in Germany.
According to Ellex, "The 121-megawatt project is being developed by SIA Baltic Biorefinery Group, with Green Genius serving as the sponsor, EPC contractor, and long-term operator. The project is expected to reach operations in 2025."
The Ellex team included Associate Partner Marta Cera, Senior Associate Anna Misneva, and Associates Gabriela Fomina and Ineta Kanepe.
