Nordea Bank Finland plc Latvia branch considers financing of a large scale renewable energy production project in Latvia (postponed) 

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TGS Baltic assisted Nordea Bank Finland plc Latvia branch in financing of a large scale renewable energy production project (four biomass combined heat and power plants) in Latvia. The provided legal assistance included performance of due diligence of the group companies involved in the project with a focus on real estate matters related to construction of the biomass combined heat and power plants and regulatory matters, legal opinion on the project compliance, review of LMA standard project finance documentation and drafting of the security documents. The project involved also foreign financing institution – EKF (Eksport Kredit Fonden, Denmark).