Energy & Infrastructure

Ellex Raidla has the largest team in Estonia and more than 15 years of experience with complex local and cross-border energy and infrastructure projects. We are one of the few firms in the market with experts who specialize in environmental law matters. Our experience covers projects involving multimillion-Euro power plants, the largest windmill parks, a nuclear power plant, oil shale operations in the U.S. and Jordan, and others. Our experts advised on the development of ports, terminals, the Estonian-Finnish underwater cable and other initiatives of national importance.
 
Top-tier team, providing detailed energy-related advice. Broad specialist expertise, including shale oil, renewable energy, nuclear power and emissions trading. Represents clients in energy disputes, including relating to regulatory issues (Chambers Europe 2016).
Key projects in the field

Key contacts

Jaanus Ikla

Counsel

+ 372 640 7170
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Key projects in the field

Ellex Raidla advised Enefit Green on the acquisition of solar parks in Poland
Enefit Green, a fully owned subsidiary of Eesti Energia, signs share purchase agreement to acquire to acquire 20 solar park projects in Poland from GEO Group’s subsidiaries.
 
The total capacity of the solar power plants to be acquired is 19,15 MW. Enefit Green's investment amounts to 17,3 million euros.
 
The acquisition is part of Eesti Energia’s strategy to increase the renewable energy production portfolio in the Baltic Sea region.
 
Enefit Green is a renewable energy company owned by Eesti Energia, which produces electricity and heat from wind, water, sun, biomass, biogas and mixed municipal waste in Estonia, Latvia, Lithuania and now also in Poland.
 
The transaction was advised by Ellex Raidla’s Partner Martin Käerdi.
We represent the Ministry of Finance in Rail Baltica disputes
Ellex Raidla’s Partner Martin Triipan and Attorney Kaisa Laidvee are representing the Ministry of Finance before the Administrative Court in disputes concerning the construction of the Rail Baltica railway.

Various complainants have disputed in court the county plans that establish the Rail Baltica route in Estonia. The complainants believe that the county plans are unlawful and the Rail Baltica route has not been correctly determined.

Tallinn Administrative Court rejected the complaints in the court of first instance and said that the county plans are lawful and the county plan procedure has appropriately weighed the impacts of the railway route (incl. to nature and habitation).
Ellex Advised Enefit Green with the Acquisition of Nelja Energia
Ellex team advised the third biggest Estonian deal ever where Eesti Energia AS's fully owned subsidiary Enefit Green AS acquired Nelja Energia AS.
 
On 29 May 2018 Eesti Energia AS's fully owned subsidiary Enefit Green AS as the buyer, and Vardar Eurus AS and minority shareholders as the sellers entered into a Share Purchase Agreement regarding all the shares in Nelja Energia AS, a renewable energy producer and developer in the Baltic countries. The transaction remains subject to approval by the County Executive Board of Buskerud County Administration, and customary approvals and clearances by relevant competition authorities.
 
The consideration payable for 100% of the shares of Nelja Energia amounts to 289 million EUR. In addition, the buyer assumes Nelja Energia’s net debt which amounted to 204 million EUR as at the end of 2017.
 
The transaction concerns 100% of the shares of Nelja Energia AS. Vardar AS has agreed (through its subsidiary Vardar Eurus AS) to sell its 77% holding of the shares in Nelja Energia. The remaining 23% of the shares is acquired from a number of Estonia based minority investors.
 
The Ellex Raidla team in Estonia included Partners Sven Papp, Martin Käerdi, counsels Triin Frosch, Toomas Kasesalu, Senior Associates Alla Kuznetsova, Sandra Värk, Gerly Lõhmus, Rauno Klemm, Martin Mäesalu, Associate Triin Tiru, Lawyers Anna Trine Raudsepp and Kevin Gerretz. In Latvia the client was advised by Partner Raimonds Slaidins, Senior Associate Iveta Ceple and associates Marta Cera and Beata Plocina. In Lithuania the Ellex Valiunas team was led by Partner Paulius Gruodis and included Associate Mantas Juška, Junior Associate Arvydas Grušeckas and Senior Associate Arnoldas Puodžius.