CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
White & Case has successfully represented the Bulgarian Energy Holding and its Bulgargaz and Bulgartransgaz subsidiaries before the European Union's General Court in a case that saw the full annulment of a 2018 decision by the European Commission and related EUR 77 million fine imposed for foreclosing the Bulgarian gas supply market.
On October 30, 2023, Milbank announced that the Greek Public Power Corporation’s acquisition of the Romanian assets of the Enel Group (reported by CEE Legal Matters on March 30, 2023) had closed.
Cobalt has advised VKG on the sale of the VKG Elektrivorgud electricity distribution company in Estonia to Baltcap. TGS Baltic advised BaltCap.
Cobalt has advised Alexela on the acquisition of the remaining 50% stake in Rohe Solution from Finland's Haminan Energia.
Clifford Chance has advised Eiffel Transition Infrastructure on the joint venture with Optima Wind to establish WindLight. Dentons advised Optima Wind.
The new Decree on Conditions for the Delivery and Supply of Electrical Energy in Serbia enters into force today, 13 October 2023. Long-awaited regulation sends the signal that the connection procedure for new projects that has been basically on hold for more than two and a half years will be deblocked soon.
Noerr has advised Romanian corrugated cardboard and tissue paper company Vrancart on the National Recovery and Resilience Plan financing for its construction of a 20-megawatt photovoltaic park.
