TGS Baltic advised a group of companies on acquisition of shares of SIA SELP who owned a wind power project of 138 MW to Taaleri Group and Lords LB Asset Management.

09.06.2022 TGS Baltic advised a group of companies on acquisition of shares of SIA SELP who owned a wind power project of 138 MW to Taaleri Group and Lords LB Asset Management.

TGS Baltic advised REMG TRADE SIA, EXECUTO SIA and SIA FUTURE FARM in selling 100% shares of SIA SELP, a company who has been established with a view to developing, owning and constructing a wind power project to be located in Talsi municipality, with a total planned connection capacity of 138 MW (one hundred thirty-eight megawatts) to Taaleri Group and Lords LB Asset management.

TGS Baltic advised REMG TRADE SIA, EXECUTO SIA and SIA FUTURE FARM in selling 100% shares of SIA SELP, a company who has been established with a view to developing, owning and constructing a wind power project to be located in Talsi municipality, with a total planned connection capacity of 138 MW (one hundred thirty-eight megawatts) to Taaleri Group and Lords LB Asset management.

Lords LB Asset Management focuses on real estate and private equity investment strategies. They manage UAB Atsinaujinančios Energetikos Investicijos investment company, which now owns part of SELP SIA. https://lordslb.lt/en/fund/uab-atsinaujinancios-energetikos-investicijos

Taaleri Group is a Nordic investment and asset manager with an emphasis on renewable energy and other alternative investments.

Taaleri Group now owns a part of SELP SIA. https://www.taaleri.com/en/about-us

TGS Baltic Senior Associate Armands Masulis provided the necessary legal assistance in the process of preparing the share purchase agreement, negotiating the transaction, and concluding the agreement.