CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Norton Rose Fulbright has advised Polski Fundusz Rozwoju on its PLN 128 million construction financing for 26 photovoltaic farms in Poland with a total capacity of 43 megawatts, sponsored by Projekt Solartechnik. Rymarz Zdort Maruta advised Projekt Solartechnik and its subsidiaries.
Hogan Lovells has advised an ad-hoc group of Naftogaz' 2026 note holders on the amendment and extension of its USD 500 million 7.625% 2026 eurobonds. Freshfields reportedly advised Naftogaz.
PHH and Dentons have advised Kommunalkredit on a EUR 37.5 million financing for the 63-megawatt Senyo photovoltaic plant in Hungary. CMS reportedly advised the project's commissioners, Green Source and Core Value Capital.
On August 2, 2023, Ellex announced that Eesti Gaas’s acquisition of Gaso from Latvijas Gaze (reported by CEE Legal Matters on April 28, 2023) had closed in July 2023.
Kocian Solc Balastik has advised REMA System in obtaining an authorization from the Ministry of the Environment to operate a collection system for all groups of electrical equipment, including solar panels.
WKB Lawyers has advised GreenVolt Power on a preliminary agreement for the sale of shares in companies developing the Sompolno and Opalenica renewable energy projects to Energa Wytwarzanie. Bird & Bird and Grant Thorton reportedly advised Energa Wytwarzanie.
On 30 June 2023, Law of Ukraine No. 3220-IX On introduction of changes to certain laws of Ukraine as to recovery of energy safety and green transformation of the energy system of Ukraine (the Law) was adopted in the second hearing in its entirety.
