Law Office Spridzans develops Energy performance contracts with guaranteed energy savings template for public sector enterprises in Latvia
Law Office Spridzans has negotiated between a range of stakeholders – European Investment Bank, private sector stakeholders, Ministry of Economics, Ministry of Finance, Ministry of Justice, Bank of Latvia, the Treasury of Latvia, amongst others, and completed a developed a standardized template for energy performance contracting of public sector entities. The final document is confirmed by Eurostat as being “Maastricht neutral”, i.e. being treated off-balance with respect to government accounts.