CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
European industry is going through a period of fundamental change. Rising (not only) energy costs, the pressure of global competition and, above all, new public expectations and the requirements of EU environmental regulation. All of these factors are putting pressure on the current EU industrial environment, which is looking for new ways to optimise production processes, reduce costs and meet regulatory obligations.
Cobalt has advised Stargate Hydrogen on a partnership with Respol, including Repsol’s venture capital fund acquiring a minority stake in the company.
Leroy si Asociatii has advised Vinci Energies on its agreement to acquire EnergoBit Group. PwC’s Romanian affiliate D&B David and Baias reportedly advised the founders of EnergoBit.
White & Case and Bondoc si Asociatii have advised a syndicate of eight commercial banks and international financial institutions on the EUR 331 million financing of the second phase of the VIFOR wind farm project in Romania, currently being developed by Rezolv Energy, an Actis platform.
CCAO has advised Ates Wind Power and its shareholders on the sale of a stake in the company to the Turkiye Green Fund. Ozbek advised the Turkiye Green Fund.
Filip & Company has advised Engie Romania on a EUR 90 million loan from the European Bank for Reconstruction and Development to support the development of new green energy projects with a combined estimated capacity of at least 250 megawatts by 2028. Clifford Chance advised the EBRD.
Dentons has advised Piraeus Bank on two financing transactions totaling EUR 106 million to support the development of photovoltaic projects by Metlen Energy & Metals in Romania.
