Kocian Solc Balastik has advised ENERGO-PRO on financing provided by Akbank for the construction of a hydro power plant in Karakurt, Turkey. Akbank was advised by CMS.
ENERGO-PRO is a Czech domestic company, founded more than 20 years ago. It owns and operates almost 40 power plants in the Czech Republic, Bulgaria, Georgia, and Turkey, and it employs approximately 8,000 people.
The KSB team focused on financing documents pursuant to English and Czech law in connection with the design, construction, and operation of the power plant. The team consisted of Partners Martin Krejci and Vaclav Rovensky and Counsel Christian Blatchford.
The CMS team was led by Partner Ana Radnev.