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Ellex Advises NORD/LB on Construction Bridge Financing for PV Project in Latvia

Ellex Advises NORD/LB on Construction Bridge Financing for PV Project in Latvia

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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.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.