CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The Hungarian renewable energy sector has recently undergone a huge development, mainly focusing on photovoltaic power plants. In Hungary, rooftop photovoltaic projects are mainly widespread among households and companies to cover their own electrical needs. These projects are so-called household power plants, which are basically micro power plants connected to the low-voltage system.
Cobalt has advised Schwenk Latvija on its long-term power purchase agreement with BaltCap Infrastructure fund and AJP Capital Solar Core Plus fund joint-venture PV Power.
On September 20, 2023, PHH announced that Kommunalkredit's EUR 37.5 million financing for the 63-megawatt Senyo photovoltaic plant in Hungary – commissioned by Green Source and Core Value Capital – (reported by CEE Legal Matters on August 7, 2023) had closed.
Former Banasik Wozniak i Wspolnicy Partner Joanna Bernat has joined Crido in Warsaw as a Partner and the firm's Head of Energy.
Clifford Chance has advised PAD RES on a PLN 240 million financing agreement with the Polish Development Fund for the construction of two photovoltaic farms with a total capacity of 117 megawatts in northern Poland. Wardynski & Partners advised the PDF.
The Hungarian Government plans to further develop the regulatory framework for geothermal energy, according to the REPowerEU chapter of Hungary’s Recovery and Resilience Plan.
Wolf Theiss, working with Bryan Cave Leighton Paisner, has advised South Korean waste management company IS Dongseo on its acquisition of Slovakia's BTS Technology.
