Eversheds Sutherland - Baltics

“Energy infrastructure will always be a complex and highly regulated sector, but with the energy transition and net zero targets, much needed significant reforms are ongoing which creates both opportunities and risk. The subsidies landscape is likely to remain reasonably settled in the UK and major European countries, especially for ‘conventional’ renewables like wind and solar.” – Market Eye, July 2024 Take a look at some of our Energy deal highlights from the first half of 2024, as well as market commentary from our M&A lawyers across the globe – a huge thank you to our clients for entrusting us with their business objectives. Want to know more on the M&A market? Read our latest edition of Market Eye, where we examine a range individual sectors and offer insights into their performances and influencing factors: https://lnkd.in/dGbgQigY #Energy #MergersAndAcquisitions

Competition authorities in Europe are significantly intervening in M&A deals and enforcing #MergerControl regimes. Our #Competition, Trade and Foreign Investment team across the EU and UK identify the key pan-European trends that businesses engaging in M&A need to understand and how best to navigate them. Read more: https://lnkd.in/ewsSDkRs #MergersAndAcquisitions

We are delighted to announce that Eversheds Sutherland Bitāns has been recognized in the The Legal 500 (Legalease) EMEA Green Guide 2024, showcasing the most innovative and impactful firms in the field of environmental, social and governance (#ESG) law across Europe, the Middle East and Africa. The Legal500 comments on our practice: "𝘐𝘯 𝘓𝘢𝘵𝘷𝘪𝘢, 𝘌𝘷𝘦𝘳𝘴𝘩𝘦𝘥𝘴 𝘚𝘶𝘵𝘩𝘦𝘳𝘭𝘢𝘯𝘥 𝘉𝘪𝘵ā𝘯𝘴 𝘩𝘢𝘴 𝘤𝘳𝘦𝘢𝘵𝘦𝘥 𝘢 𝘥𝘦𝘥𝘪𝘤𝘢𝘵𝘦𝘥 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘵𝘦𝘢𝘮 𝘪𝘯 𝘰𝘳𝘥𝘦𝘳 𝘵𝘰 𝘤𝘰𝘰𝘳𝘥𝘪𝘯𝘢𝘵𝘦 𝘪𝘵𝘴 𝘢𝘥𝘷𝘪𝘤𝘦 𝘧𝘰𝘳 𝘭𝘰𝘤𝘢𝘭 𝘢𝘯𝘥 𝘤𝘳𝘰𝘴𝘴-𝘣𝘰𝘳𝘥𝘦𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘢𝘯𝘥 𝘵𝘰 𝘩𝘦𝘭𝘱 𝘥𝘦𝘷𝘪𝘴𝘦 𝘢𝘯 𝘪𝘯𝘵𝘦𝘳𝘯𝘢𝘭 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺. 𝘏𝘢𝘷𝘪𝘯𝘨 𝘱𝘶𝘣𝘭𝘪𝘴𝘩𝘦𝘥 𝘢 𝘱𝘪𝘰𝘯𝘦𝘦𝘳𝘪𝘯𝘨 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘳𝘦𝘱𝘰𝘳𝘵 – 𝘪𝘥𝘦𝘯𝘵𝘪𝘧𝘺𝘪𝘯𝘨 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘴𝘩𝘰𝘳𝘵𝘤𝘰𝘮𝘪𝘯𝘨𝘴 𝘢𝘯𝘥 𝘮𝘢𝘬𝘪𝘯𝘨 𝘨𝘰𝘢𝘭𝘴 𝘵𝘰 𝘥𝘪𝘳𝘦𝘤𝘵 𝘧𝘶𝘳𝘵𝘩𝘦𝘳 𝘨𝘳𝘦𝘦𝘯 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 – 𝘵𝘩𝘦 𝘧𝘪𝘳𝘮 𝘢𝘭𝘴𝘰 𝘳𝘦𝘤𝘦𝘪𝘷𝘦𝘥 𝘵𝘩𝘦 𝘴𝘪𝘭𝘷𝘦𝘳 𝘤𝘦𝘳𝘵𝘪𝘧𝘪𝘤𝘢𝘵𝘦 𝘧𝘳𝘰𝘮 𝘌𝘤𝘰𝘝𝘢𝘥𝘪𝘴 𝘧𝘰𝘳 𝘪𝘵𝘴 𝘳𝘦𝘴𝘱𝘰𝘯𝘴𝘪𝘣𝘭𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘱𝘳𝘢𝘤𝘵𝘪𝘤𝘦𝘴." The Legal 500 EMEA Green Guide 2024 evaluates firms based on their work for clients in the areas of climate change mitigation, sustainability and ESG, as well as their own internal best practices and initiatives. Our inclusion in the guide is a testament to our experience in advising on complex and cutting-edge ESG matters. We would like to thank our clients for their trust and support, and our team for their dedication and excellence. Congratulations also to other Eversheds Sutherland offices Eversheds Sutherland Czech Republic & Slovakia, Eversheds Sutherland Poland, Eversheds Sutherland Germany, Eversheds Sutherland LLP (Ireland), Eversheds Sutherland Netherlands, Eversheds Sutherland Middle East for this great achievement! View the full guide: https://lnkd.in/dqSXE3nt

Congratulations to Ignitis Group for entering the next phase in this outstanding project for the Baltics and for the company! The investment of Ignitis Renewables in 239 megawatt (MW) solar portfolio in Latvia is one of the biggest of its kind in the Baltics. It significantly contributes to development of both #green and #secure #energy ecosystem in the region.💡 It has been an amazing opportunity for the Eversheds Sutherland Bitāns team to work together with Ignitis Renewables team and to advise on M&A and project development aspects of this groundbreaking investment.   #energy #greenenergy #solarenergy Learn more: https://lnkd.in/d3twtv9f

The #NIS2 Directive has already entered into force in some European jurisdictions, bringing new #cybersecurity requirements for EU and multinational businesses. Our country-by-country interactive guide gives you the latest updates, including:   🔍 check the current NIS2 implementation status and timeline in your jurisdiction 🔄 compare NIS2 with national cybersecurity legislation ✅ find out key actions for compliance   Compare NIS2 implementation across the EU: https://lnkd.in/dna7Tezv

Last week we were excited to welcome in our Riga office Maarja Junti, Associate from Eversheds Sutherland Estonia, for a week of strengthening our cross-Baltic #ESG cooperation and offering. Maarja also shared with us her extensive experience in #crypto licensing. Maarja Junti advises clients in the field of European Union and competition law and financial services, including in matters concerning blockchain and virtual currencies. Maarja has extensive experience in advising entities that would like to obtain activity licences and/or provide their services on a cross-border basis or globally, mainly in the sphere of cryptocurrencies. Maarja annually analyses tens of different white papers concerning tokens and related business plans from the financial regulatory and AML compliance point of view and helps the clients apply for the required licences. This also includes advice on creating a suitable corporate structure. She has advised various business structures from single entities established in Estonia and wishing to operate locally to more complicated group structures where group entities include regulated companies in jurisdictions within the EU/EEA as well as in third countries that wish to provide their services globally. The latter has included advice concerning the EU passporting regime. In addition to her work in the sphere of cryptocurrencies, Maarja has also advised clients in the processes of obtaining licences for operating as a credit intermediary and e-money institution. She has assisted financial services providers in various proceedings before the Financial Supervision Authority and the Financial Intelligence Unit. Thank you, Maarja, for such an invaluable insight and all the great conversations. #CrossBaltic #EvershedsSutherland #ESG #Crypto

Read Updata, our quarterly newsletter showcasing the latest global #DataPrivacy and #Cybersecurity regulatory and legal developments. This edition details regulatory scrutiny of deployment of cookies and similar technologies, #FinancialServices sector developments, steps seeking to protect children online, data protection and employment, #AI governance, and significant court decisions. https://lnkd.in/e9ps9Gyr