COBALT advised GECO Investicijos on competition law matters

COBALT advised GECO Investicijos on a merger clearance related to the acquisition by its subsidiary of 100 per cent shareholding in Marivas, UAB, the operator of three biomass heating plants in Vilnius and Kaunas, Lithuania. We advised the client on providing clarification on geographic market definition to the Lithuanian Competition council.

GECO Investicijos is one of the largest Lithuanian energy companies, primarily focused on renewable energy projects.

The project team at COBALT was led by Partner Elijus Burgis.