Dentons and Boyanov & Co have advised UniCredit Bulbank, Raiffeisen Bank International, the United Bulgarian Bank, and Eurobank Bulgaria on the financing for the construction and operation of a 160-megawatt solar plant in Maglizh, in the Stara Zagora region of Bulgaria. Stoeva Tchompalov & Znepolski reportedly advised the borrowers.
Wolf Theiss Advises Toms Group on PPA with Enefit and Better Energy
Wolf Theiss has advised the Toms Group on a multi-partner power purchase agreement in Poland with Better Energy and Eesti Energia Group subsidiary Enefit.
Greenberg Traurig Advises Axpo Polska on PPA with DIF Capital Partners
Greenberg Traurig has advised Axpo Polska on the power purchase agreement for the offtake of energy from six DIF Capital Partners wind farms in Poland with a total installed capacity of 171 megawatts.
Dentons Advises EBRD and Eiffel on EUR 45 Million Loan for PL-Sun Photovoltaic Projects in Poland
Dentons has advised the EBRD and the Eiffel Investment Group on a bridge financing loan of EUR 45 million to support the construction and operation of 16 PL-Sun photovoltaic power plants with a total installed capacity of 114.7 megawatts. Wardynski & Partners reportedly advised PL-Sun.
Focus on Wind, Electricity Storage, and Phasing Out Lignites
Having a somewhat steady Government and Parliament since mid-2023 has led to more predictability in the Bulgarian regulatory environment for renewables. In October 2023, some important and significant changes to the RES Act entered into force, thus solidifying local support for renewable energy.
The Debrief: March 2024
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Emerging Europe’s Energy Transition
Discussing how the energy markets are evolving – diversifying, moving away from dependence on Russian gas, and becoming ever-greener – CMS Partners Horea Popescu, Blazej Zagorski, Thomas Hamerl, and Maria Orlyk take a deep dive into the dynamic shifts in the energy landscape post-2022.