Schoenherr has advised the borrower HE Dabar on a EUR 190 million loan facility granted by the Export-Import Bank of China for the development of the 160-megawatt Dabar hydropower plant. Milbank reportedly advised CEXIM Bank on the deal.
The Dabar project will be one of the largest hydropower plants in the region, according to Schoenherr: “Located on the Trebisnjica River in Republika Srpska, Bosnia and Herzegovina, the Dabar plant is expected to produce about 250 gigawatt-hours of electricity per year and is the most significant hydropower plant within the planned Gornji Horizonti hydropower complex. The project company Dabar is a subsidiary of the incumbent power utility of the Republic of Srpska – Elektroprivreda Republike Srpske.”
Schoenherr’s team included Partners Matija Vojnovic, Ivana Panic, and Srdjana Petronijevic and Attorneys Jelena Arsic, Bojan Rajic, Minela Sehovic, and Zoran Soljaga.
Editor's Note: After this article was published, Sajic announced it had worked alongside Milbank on advising CEXIM on the financing. Its team included Managing Partner Aleksandar Sajic, Senior Partner Sanja Djukic, Senior Associate Milica Karadza, and Associate Nikolina Zubac.