"Sorainen Advises Aura Power on Sale of Majority Stake in Lithuanian Energy Project"

"Sorainen has advised Aura Power on the sale of its majority stake in Aura Power Dubhe to Lithuanian investor Karjeru Linija. Aura Power Dubhe is developing a 50 megawatt power and 100 megawatt-hour battery energy storage project in Lithuania, aimed at enhancing the country's energy independence and grid stability. Aura Power, founded in 2013, focuses on utility-scale solar farms and battery storage systems across Europe and North America."

Sorainen has advised renewable energy group Aura Power on the sale of its majority stake in Aura Power Dubhe to Lithuanian investor Karjeru Linija. The transaction involves Aura Power Dubhe, which is developing a 50 megawatt power and 100 megawatt-hours battery energy storage system project in Kaisiadorys, Lithuania. This project aims to enhance the country's energy independence and grid stability upon its completion and operational status. The Sorainen team that participated in this transaction included Partner Sergej Butov, Counsel Andrius Simkus, Senior Associate Michailas Molis, and Associate Goda Jakubauskaite.

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"Sorainen Advises Aura Power on Sale of Majority Stake in Lithuanian Energy Project"

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