CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
DLA Piper has advised EDP Renewables Polska on the sale of a renewable energy portfolio comprising two photovoltaic farms with a total capacity of 280 megawatts and a wind farm hosting 13 turbines with a total capacity of 26 megawatts to the Orlen Group in a transaction worth PLN 1.15 billion.
A summary of recent legislative developments in the fields of energy and natural resources in Ukraine.
Albota Law Firm has advised OX2 on the construction contracts with two undisclosed contractors of the company's first wind farm in Romania as well as on permitting and regulatory matters.
Clifford Chance has advised PPC Group on its acquisition of Evryo Group's renewable energy portfolio in Romania, including 629 megawatts of renewable energy sources in operation and 145 megawatts in pipeline assets. RTPR and, reportedly, Jones Day advised Evryo on the deal.
DLA Piper has advised PGE Polska Grupa Energetyczna S.A. on a PLN 1 billion loan from the European Investment Bank.
White & Case has advised a consortium of lenders consisting of Ceska Sporitelna, a.s., Raiffeisenbank a.s., and UniCredit Bank Czech Republic and Slovakia, a.s. on the up to CZK 150 million and EUR 123 million financing and refinancing of capital expenditures and acquisition costs for C-Energy s.r.o.
A&O Shearman and RTPR have advised OX2 on its sale of a 99.2-megawatt onshore wind project in Romania to Nala Renewables in a transaction valued at approximately EUR 214 million. CMS reportedly advised the buyer.
