Who We Are

We help energy companies to anticipate, which way the regulatory wind is blowing. Our clients include hydro, wind, biomass producers and investors. Out team focuses on state aid, regulatory and disputes.

Practice In Detail
  • Concessions
  • Disputes
  • Energy Disputes
  • M&A
  • PPP
  • Project Finance
  • Public Procurement
  • Real estate lease & acquisition
  • Regulatory
  • Renewables
  • State aid
  • Waste Management
Clients
  • AJ Power
  • Baložu komunālā saimniecība
  • Baltic Hydroenergy
  • Betula Premium
  • Conexus Baltic Grid
  • G Wind
  • Genscape International
  • Hydrobaltic
  • Mazo hidroelektrostaciju asociācija
  • Spridzēnu HES

Experience

Acting on behalf of RCI Gulbene SIA in alleged bid-rigging cartel case, where the client was one of the initially accused parties. To the best of our knowledge this is the first case in the practice of the Competition Council when the case is terminated after the drafting of infringement decision.

Assistance to OAO SGEM, a leading Russian hydropower equipment manufacturing company, in establishment of its presence on Latvian market including employment law assistance.

Advising start-up Windfire BV, a Dutch entity, in relation to a cooperation agreement with developer and manufacturer of wind measurement systems.

Assistance to Russian private individuals in selling their shares in an Russian electric appliances company Electroshield-Samara AO to a buyer - Schneider Electric Industries ASA for a consideration in excess of EUR 500 Mio.

Assisting Spridzēnu HES with a potential EUR 8 Mio investment into biogas farm in Latvia. We performed in-depth analyses of the investment risks and the target and prepared a term sheet for the transaction, including various types of securities available to the client. We also carried out negotiations with the bank financing the project and worked out the most appropriate tax structure for the investment.

Assistance to Baltic Hydroenergy AS, a Norwegian holding company, in selling its shareholding in two companies in Latvia and one in Lithuania that are engeged in hydro-electric power business and operate 9 hydro-power plants in the Baltic States.

Advising Merks on corporate finance law aspects of the potential renewable energy investment project. The case was typical energy finance project exercise with emphasis on legal risks associated with electricity tariffs and collaterals under the loans issued by the client to third parties. Anticipated project value in excess of EUR 2 Mio.

Assistance to Hydrobaltic AS, a Norwegian investor, in sale of its shares to "S&E Management"SIA in a Latvian company operating a hydro energy plant "Ropažu HES".

Exploring project finance aspects for Betula Premium’s co-generation plant in Latvia, potentially worth EUR 10 Mio under a 20-year contract. Our advice included legal analysis of public procurement, project finance and PPP aspects.

Key Contacts

Katrīne Pļaviņa

Senior Associate

+371 26 164 110

katrine.plavina@vilgerts.comEmail

Andris Dimants

Associate

+371 28 350 347

andris.dimants@vilgerts.comEmail

Gints Vilgerts

Partner, M&A

+371 29 107 768

gints.vilgerts@vilgerts.comEmail

Jūlija Jerņeva

Partner

+371 29 131 597

julija.jerneva@vilgerts.comEmail

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