Boyanov & Co has advised NewMed Energy Balkan on the acquisition of a 50% interest in the oil and gas exploration permit for the 1-21 Khan Asparuh Block from OMV Offshore Bulgaria.
CMS Mints New Partners in CEE
CMS has promoted Romania-based Alina Tihan, Hungary-based Veronika Kovacs, and Bulgaria-based Borislava Piperkova to Partner, as part of its latest promotion round that saw a total of 56 lawyers elevated to partnership ranks.
Integrites Advises Eurocape on Development of Wind Park in Lviv
Integrites has advised Eurocape’s subsidiary on the development of a 100-megawatt wind park in the Lviv region, Ukraine, involving an investment of EUR 200 million.
CMS Advises Green Energy Market on 10-Year License for Electricity Trading and Balancing Services
CMS has advised Green Energy Market on a 10-year market coordinator license from the Energy and Water Regulatory Commission of Bulgaria.
Nyerges & Partners Advises R.Power Renewables on PPA in Romania
Nyerges & Partners has advised R.Power Renewables on an 11-year physical power purchase agreement for the full output of four solar photovoltaic projects developed in Romania.
Vulic Law Advises Mediolanum Invest on Acquisition of Koncern Farmakom-Lece Mine
Vulic Law has advised Mediolanum Invest JSC on the acquisition of Koncern Farmakom–Lece Mine in Serbia for approximately EUR 35 million.
Czech Energy Act Amendment – A Step Towards a Clean Future?
The long-awaited amendment to the Czech Energy Act, known as “Lex OZE III”, has officially been passed by the Parliament. While it introduces significant and predominantly positive changes to the clean and renewable energy sector, it has also sparked considerable controversy. The proclaimed objective of the legislation is to accelerate the transition to sustainable energy while addressing regulatory and market challenges. Nevertheless, it lags behind the technical and commercial realities of the European market; it implements a European directive that the Czech Republic should have adopted over four years ago.