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Cobalt Advises Mirova Energy Transition on Solar Park Construction Financing from Swedbank

Cobalt Advises Mirova Energy Transition on Solar Park Construction Financing from Swedbank

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Cobalt has advised Mirova Energy Transition in obtaining construction funding from Swedbank for the development of new solar parks in Estonia.

According to Cobalt, "Mirova is a French investment company committed to sustainable investing, and its goal is to invest in innovations that deliver solutions with high environmental and social impact."

Swedbank describes itself as the largest bank in Estonia, with more than 850,000 private and 130,000 business customers. Its parent group, Swedbank AB, is a Nordic-Baltic banking group based in Stockholm, Sweden.

Back in December 2022, Cobalt had also advised Mirova Energy Transition on signing an agreement with Evecon to develop solar plants in the Laaneranna, Pohja-Sakala, and Jarva municipalities in Estonia (as reported by CEE Legal Matters on December 19, 2022).

The Cobalt team included Partner Marina Kotkas and Associate Christine Magi.

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.