Sun, Jul
64 New Articles

TGS Baltic Represents Baltcap Infrastructure Fund on Biomass Plant Development Deal

TGS Baltic Represents Baltcap Infrastructure Fund on Biomass Plant Development Deal

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

TGS Baltic has represented BaltCap Infrastructure Fund on the entrance into a EUR 16 million engineering, procurement and construction contract with Axis Technologies to develop a biomass plant in Vilnius.

The EPC agreement requires that the biomass plant be built and operational by the beginning of 2019. According to estimates, the power plant will satisfy nearly 10% of Vilnius' heat demand.

BaltCap is the largest buy-out, growth capital and private equity infrastructure investor in the Baltic States. In July 2017, BaltCap launched BaltCap Infrastructure Fund, with a planned size of EUR 100 million, to invest in infrastructure development across Lithuania, Latvia, and Estonia (as reported by CEE Legal Matters on July 13, 2017). 

The TGS Baltic team representing the fund on its contract with Axis included Partner Marius Matonis, Of Counsel Donatas Zdanavicius, and Associate Giedrius Svidras.

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

All News about Cobalt can be found here.


Our Latest Issue