Walless has advised the Lithuanian Ministry of Energy and UAB Energy Cells on state aid clearance procedures regarding a EUR 100 million investment in energy storage facilities.
The investment has been approved by the European Commission for the construction of four electricity storage facilities by the end of 2022.
According to Walless, "one of the largest projects of such kind in Europe, the facilities will contribute to Lithuania’s synchronization with the continental European network and ensure the security and stability of Lithuania’s electricity network."
The Walless team included Associate Partner Darius Miniotas.