CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On 27 February 2024, the Cabinet of Ministers of Ukraine approved the Procedure for Issuing, Circulating and Redeeming Guarantees of Origin for Electricity Generated from Renewable Energy Sources and the Procedure for Determining the Environmental Value of Electricity Generated from Renewable Energy Sources.
Gessel has advised Gaz-System on its acquisition of Storage Poland from Orlen. Wierzbowski & Partners reportedly advised Orlen.
Hidroelectrica's acquisition of the ABC and Calnicel platform business lines from UCM Resita (reported by CEE Legal Matters on December 22, 2023) closed on March 11, 2024, as announced by PeliPartners and Voicu & Asociatii.
BNT Gilescu Valeanu & Partners has advised Czech renewable energy producer Solar Global on its acquisition of a ready-to-build project for a 4.6-megawatt photovoltaic park in Arad County, Romania.
PRK Partners, working with Norton Rose Fulbright, has advised Euro Manganese on receiving funding from Orion Resource Partners for the development and construction of a manganese mining project in the Czech Republic.
Djingov Gouginski Kyutchukov and Velichkov, working with Kennedy Van der Laan, has advised OTP Bank and DSK Bank on a EUR 30 million financing for AES Geo Energy. Spasov & Bratanov advised AES Geo.
Reed Smith has advised PPC Renewables subsidiary Phoebe Energy on a EUR 294.4 million financing from the EU, Eurobank, and Piraeus Bank for the construction and operation of a 550-megawatt solar photovoltaic project in Western Macedonia. Karatzas & Partners advised Eurobank and Piraeus Bank.
