Ellex has advised the Latvia-based companies of the Adven Group on joining the consolidated financing available to the Adven Group globally, secured by commercial pledges.
The Adven Group is an energy infrastructure and services provider active in Finland, Sweden, Estonia, Latvia, Norway, and the Netherlands.
According to Ellex, the “Latvian companies joining the Adven Group’s globally consolidated financing for its companies will provide a safe and predictable funding for the planned investments in the further development and modernization of the district heating systems.”
The Ellex team included Associate Partner Valters Diure and Senior Associate Inga Priedite.