TGS Baltic, working with Baker McKenzie and Accura, has advised Mitsubishi on its acquisition of a 20% stake in Denmark-based European Energy through a EUR 700 million investment.
According to the firm, "Mitsubishi HC Capital, a specialized financing company, has agreed to acquire a 20% stake in Danish renewables developer European Energy by investing EUR 700 million. Through the partnership, European Energy can enhance its position in the renewable energy sector. The capital injection will fuel the continued expansion of European Energy’s operations."
The TGS Baltic team included Partner Paulius Zapolskis and Senior Associates Indre Vickaite-Liatuke, Lukas Vaisvila, and Simas Paukstys.
Editor's Note: After this article was published, CEE Legal Matters learned that Kromann Reumert advised European Energy.
Subsequently, Cobalt informed CEE Legal Matters it had advised European Energy as well. The firm's team was led by Partner Paulius Markovas.
