Advancing Renewable Energy: WALLESS advised Latvenergo on the strategic acquisition of six solar power plants.

Advancing Renewable Energy: WALLESS advised Latvenergo on the strategic acquisition of six solar power plants, reaching a combined capacity of 37,9 MW.

Latvenergo is a Latvian state-owned company specializing in electricity and thermal energy production and trading.
This expansion is a strategic move to diversify Latvenergo’s existing energy generation portfolio. It underscores the company’s commitment to bolstering its long-term value to the Latvian economy through sustainable and renewable energy sources. With this latest acquisition, the total capacity of AS “Latvenergo”‘s solar energy projects in the Baltic states now impressively stands at 400 MW.

WALLESS managing partner in Latvia, Kristīne Gaigule-Šāvēja, along with partner Sintija Radionova, associate partners Andis Ozoliņš and Konstantīns Teļakovs, senior associates Baiba Krieviņa-Sutora, Igors Dambrāns, Sanda Meinarte, associate Ieva Gaile, and junior associate Emīls Klāvs Liepiņš, supported Latvenergo in the acquisition process of these renewable energy projects.

Congratulations to the Latvenergo team, and we express our gratitude for the trust and collaboration.
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