TGS Baltic has advised Nala Renewables on a EUR 25 million loan from Luminor Bank.
Nala Renewables is an energy and renewable energy investment platform and independent power producer. It has recently acquired a number of solar power plants in Lithuania from Green Genius (as reported by CEE Legal Matters on September 11, 2024).
Luminor is an independent bank operating in the Baltic States.
The TGS Baltic team included Partners Zygimantas Stankevicius and Dalia Tamasauskaite-Ziliene, Associate Partner Sebastian Okinczyc, Senior Associate Simas Paukstys, Associates Evelina Savickaite and Deividas Joksas, and Legal Assistants Samanta Sluoksnaityte and Meda Stankute.
TGS Baltic did not respond to our inquiry on the matter.