In Estonia, the push toward renewable energy, particularly offshore projects, is gaining momentum, with recent developments in grid connections and government support schemes, according to Njord Partner Triinu Hiob who also reports on tax changes and judicial reforms on the horizon.

Deloitte Legal has advised Grenevia on a PLN 850 million financing transaction via a loan agreement with a consortium of Bank Pekao, PKO Bank Polski, and BNP Paribas banks. Dentons advised the banks.

Wolf Theiss, working with Jeantet, has advised Ancala on the acquisition of Elektrana Grubisno Polje from Akuo Energy. Divjak, Topic, Bahtijarevic & Krka reportedly advised Akuo Energy.

Clifford Chance has advised the lenders on the refinancing and financing of wind farms in Banie and Ilawa owned by the Energix group. WKB Wiercinski Kwiecinski Baehr reportedly advised Energix.

Avellum has advised DTEK Renewables Finance on a successful consent solicitation in relation to its EUR 325 million 8.50% senior notes due 2024.

Schoenherr has advised OMV Aktiengesellschaft on a EUR 1 billion corporate bonds issuance with Barclays, Erste Group, Mizuho, Raiffeisen Bank International, Societe Generale, and UniCredit serving as joint bookrunners. White & Case's Frankfurt office advised the joint bookrunners.