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Sorainen Advises Banks on Financing of EDIF II Investment in Utilitas

Sorainen Advises Banks on Financing of EDIF II Investment in Utilitas

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Sorainen Estonia has acted as Estonian adviser to a syndicate of banks consisting of Skandinaviska Enskilda Banken, Crédit Agricole Corporate and Investment Bank, and HSH Nordbank in financing the investment of European Diversified Infrastructure Fund II SPSc in Utilitas.

EDIFII is an infrastructure fund managed by First State Investments. Utilitas is Estonia’s largest district heating company and a renewable power producer.

The Sorainen team was led by Partner Reimo Hammerberg and included Senior Associates Jane Eespold and Kaido Kunnapas.

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