Glimstedt has advised GE Energy Financial Services on an unspecified investment in E Energija‘s 68.9MW wind farm in Telsiai, Lithuania, which uses GE‘s Cypress 5.3MW turbines. E Energija was advised by Ellex Valiunas.
Although Glimstedt described the deal as "one of the largest transactions in Lithuania recently and the first investment of this kind by a global energy giant in Lithuania,” no other details were provided.
Glimstedt’s team included Partner Ausra Maliauskaite-Embrekte, Associate Partner Audrius Zvybas, Senior Associates Jurgita Zakarauskiene, Michailas Molis, Justinas Poderis, Daiva Cekanaviciene, and Arturas Tukleris, and Associates Laura Tunkeviciute and Simona Butkute.
The Ellex Valiunas team was led by Partner Giedrius Stasevicius.