European Bank for Reconstruction and Development (EBRD) makes an equity investment in Sunly

COBALT advised the European Bank for Reconstruction and Development (EBRD) upon making an equity investment in Sunly.

COBALT assisted the client throughout the entire transaction, which included reviewing and preparing transaction documents, as well as other structural and transaction-related issues.

The 30-million-euro investment from EBRD will enable Sunly to expand its renewable energy capacity in the Baltics and Poland, which is important for achieving significant greenhouse gases’ emissions savings, and to promote energy security in the region.

Our client was advised by Partner Kristel Raidla-Talur and Senior Associate Marten Amjärv.

Read more about the transaction: here and here