Cobalt has advised Mirova Energy Transition in obtaining construction funding from Swedbank for the development of new solar parks in Estonia.
According to Cobalt, "Mirova is a French investment company committed to sustainable investing, and its goal is to invest in innovations that deliver solutions with high environmental and social impact."
Swedbank describes itself as the largest bank in Estonia, with more than 850,000 private and 130,000 business customers. Its parent group, Swedbank AB, is a Nordic-Baltic banking group based in Stockholm, Sweden.
Back in December 2022, Cobalt had also advised Mirova Energy Transition on signing an agreement with Evecon to develop solar plants in the Laaneranna, Pohja-Sakala, and Jarva municipalities in Estonia (as reported by CEE Legal Matters on December 19, 2022).
The Cobalt team included Partner Marina Kotkas and Associate Christine Magi.