COBALT Partner Marina Kotkas has been recognised as Lawyer of the Year: Baltics at the IFLR Europe Awards 2026.  

Now in its 27th year, the IFLR Europe Awards recognise the lawyers, teams and firms that are making a significant impact on the European dealmaking community and advising on the most notable transactions of the year. 

Marina is a Partner and Co-Chair of the Banking & Finance practice group at COBALT Estonia and co-leads the office’s Banks and Financial Institutions industry. She advises leading financial institutions, investors and corporates on complex financing, public offerings and M&A matters across the Baltics. 

The award reflects Marina’s commitment to delivering high-quality legal advice and her standing within the Baltic legal market. Known for her expertise, strategic insight and client-focused approach, Marina continues to set the benchmark for excellence across the region. 

Among the matters she has advised on are Baltic Storage Platform’s landmark EUR 85.6 million financing for battery energy storage projects in Estonia, one of the first transactions in the region fully based on BESS-generated revenues, and the European Investment Bank’s first fully merchant renewable energy financing in the Baltics, supporting the development of a major solar energy project. 

Commenting on the award, Marina said: 

“No award captures the countless people who contribute behind the scenes, but I hope everyone who has worked alongside me knows how much I value their support and trust.

Thank you to my clients for allowing me to work on fascinating projects, and to my colleagues who make even the most demanding days enjoyable. A memorable milestone, and one I deeply appreciate.” 

One of Baltics’ most experienced Banking & Finance teams

COBALT’s Banking & Finance team is consistently involved in the region’s most significant financing, capital markets and financial sector M&A transactions. Bringing together lawyers from across the Baltics, the team combines extensive transactional experience with deep sector knowledge and is regularly trusted by leading financial institutions, investors and companies on their most complex and strategically important matters. 

About the IFLR Europe Awards 2026

The IFLR Europe Awards recognise achievement in financial and corporate law across the region, celebrating lawyers and firms that have demonstrated exceptional expertise, innovation and client service over the past year. 

View the full list of winners here