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Cobalt Advises on Sale of VKG Soojus to Gren

Cobalt Advises on Sale of VKG Soojus to Gren

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Cobalt has advised district heating network company VKG Soojus on its sale to Gren.

According to Cobalt, "Gren is a Baltic green energy company whose fields of activity include energy production, as well as provision of district heating and cooling services. Gren also provides industrial energy solutions."

"VKG Soojus is a district heating network company whose main field of activity is the distribution and sale of heat energy to the residents and businesses mostly in Kohtla-Jarve and Ahtme-Johvi districts, thereby operating the third largest district heating network in Estonia," according to the firm.

Cobalt’s team included Partners Aivar Taro, Martin Simovart, Karina Paatsi, Elo Tamm, and Egon Talur, Senior Associates Heleri Tammiste, Siim Vahtrus, Sandra Sillaots, Liina Saaremets, Mart Blondal, and Heili Haabu, Associates Kristiina Kraav and Liis Leedo, and Assistant Lawyer Chris Oliver Rahumagi.

Cobalt did not respond to our inquiry on the matter.

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