Energy & Utilities

Our lawyers are recognised experts in the fields of conventional power, nuclear power and renewables. We provide advice through every stage of the lifecycle of energy projects, from development to operation and maintenance. Our clients include generation, transmission and distribution companies.

We are leading specialists in the fields of natural gas and LNG, and we have been involved in the drafting of regulatory frameworks and in advisory services for numerous high-profile projects across the Baltic States.

Energy projects are cross-cutting and often require a combination of expertise from very different competencies – for example, the involvement of property law and state aid specialists or transaction lawyers and climate law specialists may be required. That is why we form cross-sectoral teams in counselling who can see all the necessary connections and offer solutions.

We participate in shaping the field and bring together specialists from the entire energy sector every year for the annual Energy Conference, where the impact of regulations on companies in the sector is discussed and future trends are introduced.

The Legal 500 Green Guide, ESG, Estonia office
“The Estonia office makes a key contribution to the Baltic-wide ESG practice group, with demonstrable expertise in advising international clean energy companies and domestic state organisations on their landmark renewables sector projects.”
The Legal 500 Green Guide, Energy, Latvia office
“The Latvian office is a key advisor to state and private clients in their green transition strategies, assisting with regulation and project developments which are vital to the country’s energy independence and nascent green power sector.”
The Legal 500 Green Guide, Energy, Lithuania office
“In Lithuania, COBALT makes a leading commitment to the growth of the region’s clean energy sector, advising investors, developers, and industry associations on their critical green projects.”
The Legal 500 2023, Projects and Energy, Lithuania office
"Team is completely focused on solving the client’s problem. It offers a variety of approaches and selects the most appropriate one."
The Legal 500 2023, Projects and Energy, Lithuania office
"The team has broad understanding of regulatory aspects, decision makers, processes and etc. Wide range of knowledge allows it to handle even the most complex tasks."
Chambers Europe 2022, Real Estate, Latvia office
One client enthuses: "You get the quality and highly ranked experts that will do things in the best possible way."
Chambers Europe 2021
"Outstanding firm with an enviable portfolio of mandates, providing a well-integrated service across the Baltic region, regularly advising buyers. Highly active in all three jurisdictions, advising on high-profile M&A matters, corporate structuring and financial transactions. Particularly active in the energy, pharmaceutical and media sectors."
Chambers Europe 2017, Energy, Estonia office
The team's responsiveness is repeatedly highlighted as a strength.
IFLR 1000 2016, Latvia office
“Their work is client-oriented, they always suggest different alternatives, deliver the best advice and optimal solutions and are reliable.”
IFLR1000 2016, Latvia office
“The firm is generally seen as one of the market leaders in the region and this is certainly the case for energy and infrastructure work.”
Chambers Europe 2015, Lithuania office
"Dedicated team providing a broad range of energy-related advice to leading providers in this sector."
Chambers Europe 2015, Estonia office
"The firm has a great understanding of the business aspects of the deals.” "I am very satisfied with the firm's thorough performance and the strong support […]." "The service provided is of great quality."
Chambers Europe 2015, Lithuania office
"Highly regarded finance practice advising banks and debtors on acquisition and real estate financing, capital markets and regulatory issues."