CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Since the beginning of the year, the Government has modified the previous legal environment concerning the development of wind power plants in several areas to increase wind power capacity. According to the Ministry of Energy's communication so far, wind power capacity is expected to increase to around 1,000 MW by 2030.
In December 2023, the Hungarian Government significantly eased the regulatory conditions for the establishment of wind turbine projects in Hungary in order to comply with EU requirements and enhance the utilization of green energy.
Dan Minoiu has become a new Deputy Managing Partner at Musat & Asociatii, while Ana Maria Abrudan, Mateea Codreanu, and Stefan Diaconescu have all been promoted to Partner positions.
Kyriakides Georgopoulos has advised BlueFuel on the acquisition of a biogas production unit with an installed capacity of 950 kilowatts – for which a 750-kilowatt expansion is planned – based in the Region of Central Macedonia.
Filip & Company has advised Fondul Proprietatea on the sale of its minority shareholding in Engie Romania in a transaction exceeding EUR 86 million. Bondoc si Asociatii reportedly advised Engie.
Zepos & Yannopoulos has advised Greenvolt on its acquisition of a 200-megawatt solar project in Farsala, Greece, from the Archirodon Group.
Former Managing Associates Cristina de Jonge, Nicolae Ursu, and Iulia Dragomir have been promoted to Equity Partners at BPV Grigorescu Stefanica.
