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Sorainen Advises Metsagrupp on Establishment of Joint Venture with Sunly Land in Estonia

Sorainen Advises Metsagrupp on Establishment of Joint Venture with Sunly Land in Estonia

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Sorainen has advised Metsagrupp on its entrance into a joint venture with Sunly Land.

The JV is called "Metsatuul." According to Sorainen, “the goal of the new joint enterprise is to develop wind energy parks in Estonia.” The firm reports that, ”although still in the early stages, Metsatuul is already planning the construction of some 80 wind turbines.”

Metsagrupp is an owner and manager of landholdings covered in forest in Estonia and Sunly Land is a renewable energy company and an investor in renewable energy and electrification start-ups.

"Climate change is currently a very hot topic," commented Sunly CEO and Co-Founder Priit Lepasepp. “To make green transition happen, we need ‒ among other things ‒ land and wind energy know-how plus technology. Sunly works with landowners so they can use our skills and knowledge, but also to upgrade the land itself.”

Sorainen’s team consisted of Partner Piret Jesse, Senior Associates Piret Lappert, Kaspar Endrikson, and Robin Teever, and Associate Andra Grunberg.

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