Energy & Infrastructure

Ellex Klavins has significant expertise in advising clients on a broad range of issues in all energy sectors, including electricity, renewables, nuclear, gas, oil and heating. Our consistent involvement in major regional energy projects and initiatives has given us thorough knowledge, expertise and competence.  This enables us to assist the world’s major trans-national and top national companies in complex and innovative transactions. Our experts represent clients before regulatory authorities, national and arbitration courts. We are also able to offer advice on complex issues of energy law that have European or international dimensions.
Key projects in the field

Key contacts

Daiga Zivtiņa

Partner

Co-Head of Dispute Resolution Practice
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Ilga Gudrenika-Krebs

Partner

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Liga Merwin

Managing Partner

Head of EU & Competition Practice
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Raimonds Slaidiņš

Senior Partner

Head of Corporate and M&A practice
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What's new in field
We advised Uniper Ruhrgas International in key transaction on its exit from the Latvian gas transmission and gas storage market
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Key projects in the field

Ellex advised on the acquisition of Fortum district heating business in the Baltics for EUR 800 million
15.03.2021
 
Partners Group, a leading global private markets firm, acting on behalf of its clients has signed an agreement to acquire the Fortum district heating business in the Baltics for the total consideration on a debt- and cash-free basis of EUR 800 million.
 
The transaction is subject to customary closing conditions and is expected to be completed in the second quarter of 2021. This will most likely be the biggest M&A transaction in the Baltics in 2021.
 
This investment reflects Partners Group's continuing commitment to transformational investing in assets that have meaningful impact on the communities in which they operate.
 
Fortum provides district heating in five cities in the Baltics – Tartu and Pärnu in Estonia, Daugavpils and Jelgava in Latvia and Klaipeda in Lithuania. Further, in those cities Fortum owns four CHP plants as well as a 49% share of the Kaunas CHP (commissioned in 2020) in Lithuania, through a joint venture.
 
Ellex was the local counsel for law firm Clifford & Chance in the transaction. M&A partner Paulius Gruodis from Ellex office in Vilnius was leading the transaction in the Baltic states. Partners Group was advised by Ellex experts in Estonia: partner Gerli Kivisoo, counsel Triin Frosch, senior associates Anneli Krunks and Hanna Pahk, associates Karin Tartu, Liisbeth Lillo and Karl Kreevald; in Latvia: senior partner Filips Klavins, senior counsel Iveta Ceple, senior associates Beata Plocina, Edvijs Zandars and Inese Freivalde, associates Eduards Dzintars, Ints Skaldis, Kristers Losans and Marats Golovkins; and in Lithuania by partners Paulius Gruodis, Giedrius Stasevičius and dr. Karolis Kačerauskas, expert Ema Būtėnienė, senior associates Mantas Juška, Edvinas Beikauskas, Gintarė Skrolienė, Nerijus Patlabys and associate Laura Paulaitė.
 
Partners Group is a leading global private markets investment manager. Since 1996, the firm has invested over USD 145 billion in private equity, private real estate, private debt, and private infrastructure on behalf of its clients globally.
 
Fortum is a European energy company with activities in more than 40 countries. It provides its customers with electricity, gas, heating and cooling as well as smart solutions to improve resource efficiency.
 
 
We advised one of the largest carriers in a transport insurance dispute before the Norwegian court
Successfully assisting the client - one of the largest Latvian carriers in the civil proceedings before Oslo Conciliation Board (Forliksrådet i Oslo). The claim against the client was brought before the Norwegian court as a recourse claim in relation to a transportation services that were provided by our client. The claimants argued that the client had failed to properly undergo the customs procedures that resulted in a fine being imposed by the customs authorities. The claimants sought reimbursement of the imposed fine against the client.
 
The client was advised by managing partner Liga Merwin and associate partner Andris Lazdins.
 
 
We advised on the development and opening of the first IKEA store in Latvia
On August 30, 2018, the long-awaited first IKEA store in Latvia was opened. In order for this to happen, our team worked on a long-term basis providing a wide range of legal support to the developer of the store, SIA Verus Praedium. We assisted with the acquisition and merger of several parcels of real estate, zoning changes, cooperation with municipalities, infrastructure development, construction preparation, drafting of the construction contract and legal oversight of the construction process, as well as preparation of the lease agreement with store operator SIA Paul Mason Properties.
 
Legal assistance was provided by Associate Partner Maris Brizgo, Senior Associates Reinis Sokolovs and Inese Freivalde, and the team was led by Partner Ilga Gudrenika-Krebs.
 
The first IKEA store in Latvia (a Swedish home furnishings retailer) is located at 2 Biķeru street, Dreiliņi, Stopiņi district, Riga. It is the largest IKEA store in the Baltic States. The IKEA franchisee in Latvia is SIA Paul Mason Properties, which also owns IKEA stores in Lithuania and Iceland.