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Cobalt has advised Binalyze on its USD 19 million series A financing round with Molten Ventures, Cisco Investments, Citibank Ventures, and Deutsche Bank Corporate Venture Capital as well as existing investors Earlybird Digital East and OpenOcean. Ellex Raidla advised Molten Ventures on leading the round.

TGS Baltic has advised the Modus Asset Management-operated Clean Energy Infrastructure Fund on the acquisition of a 55-megawatt portfolio of solar projects in Latvia from developer Evecon, via the Clean Energy Investments special purpose vehicle. Sorainen reportedly advised Evecon on the deal.

Ellex Klavins has advised Merito Partners on the set up of its first alternative investment fund – the Merito Sustainable Energy Fund I AIF – and on its acquisition and development, together with Saules Energy, of seven photovoltaic power generation projects, two of which became operational in July and August 2023.

Cobalt has advised Karma Ventures on its additional investment in its portfolio company and traffic ecosystem solution provider Commsignia, part of the company's USD 15 million Series B round led by PortfoLion Capital Partners, Inventure, Day One Capital, and Inference Partners, together with Partech, and Credo Ventures.

CMS has advised Hellenic Petroleum Group subsidiary EKO Bulgaria in the EUR 51 million public procurement process organized by the Bulgarian Ministry of Finance for the delivery of fuel needed by the administration entities under its executive purview.