TGS Baltic has advised Remg Trade, Executo, and Future Farm on the sale of Selp to the Taaleri Group and Lords LB Asset Management. Sorainen reportedly advised the buyers.
Selp was established, according to TGS Baltic, “with a view to developing, owning, and constructing a wind power project to be located in Talsi municipality, with a total planned connection capacity of 138 megawatts.”
Lords LB Asset Management focuses on real estate and private equity investment strategies.
The Taaleri Group is a Nordic investment and asset manager with an emphasis on renewable energy and other alternative investments.
TGS Baltic’s team included Senior Associate Armands Masulis.