Newsec represents Ignitis Group during its expansion in Latvia

Newsec represents Ignitis Group during its expansion in Latvia

Newsec has represented Ignitis Group – the biggest energy, including renewable energy, companies in the Baltic states, during Ignitis Renewables Latvia and Ignitis Latvia – the part of Ignitis group companies expansion in Latvia.

Ignitis Group is one of the largest energy, including renewable energy, companies in the Baltic states. The Group’s companies operate in Lithuania, Latvia, Estonia, Poland and Finland. The Group’s innovation fund has invested in 17 companies in seven countries that create new technologies in areas of energy and e-mobility.

„Newsec team provided a professional advise while representing Ignitis Renewables in Riga for a new office selection. Multiple scenarios where considered and thoroughly evaluated to find the most appropriate solution for our company‘s expansion.“, said Business Support Manager at Ignitis Renewables, Kotryna Gudžiūnaitė.

„A choice in favour of Jaunā Teika in Riga was made due to its good location, developed infrastructure, amenities and services as well-being of employees is a top priority for Ignitis. As Ignitis Group is firmly commited to build a sustainable future, a very important element of choise was that Jaunā Teika has international sustainability certification of BREEAM Very good“, said Head of Office Solutions at Newsec, Dace Priede.

Newsec, the full service property house in Northern Europe, operates in Latvian, Lithuanian and Estonian markets. The company acts as an intermediary in real estate investment transactions and in the leasing and sale of commercial real estate, provides property management services, and represents clients’ interests in the development of new or existing properties.

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