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TGS Baltic Appointed Legal Advisor on Apartment Building Modernization

TGS Baltic Appointed Legal Advisor on Apartment Building Modernization

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TGS Baltic has been selected as legal advisor to the European Investment Bank on Lithuania’s multi-apartment building modernization. The agreement between the EIB and TGS Baltic was signed for a period of two years.

According to TGS Baltic, "the EIB and TGS Baltic have been cooperating on issues of sustainable investments into urban territories for over a decade – from the time when the EIB started the implementation of the JESSICA I program in Lithuania in 2009. Later, in 2017, the law firm was advising on implementation of the Jessica II Fund of Funds financial engineering instruments and creation of the Leveraged Fund under this fund for energy efficiency increasing projects."

Since the beginning of the modernization project, financing from EU structural funds was used to renovate 2,348 multi-apartment houses in Lithuania.

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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