CMS has advised Aratiden on the development of a co-located battery storage project as well as on an EPC agreement with Optimal Energy Solutions JSC. Kirov and Bratuleva reportedly advised Optimal Energy Solutions JSC.

For years, the European Union has been taking measures related to the decarbonization of industry, i.e. the reduction and, in the long term, elimination of CO2 emissions. Examples include the EU Emissions Trading System, which has been in place since 2005, or the regulations on industrial emissions of 2010.

Dentons has advised Yesilyurt Enerji on its acquisition of a 41-megawatt ready-to-build solar park in Dambovita County, Romania.

Former Dentons Counsel Doru Postelnicu has joined Enexus Renewable Energy as its Head of Legal.

Ijdelea & Associates has advised Black Sea Oil & Gas, backed by The Carlyle Group, on a EUR 175 million syndicated credit extended by a consortium of Romanian and international financial institutions. Popovici Nitu Stoica & Asociatii advised the lenders.

Allen Overy Shearman Sterling and its Turkish affiliate law firm Gedik & Eraksoy have advised the lenders and a cover provider on the USD 1.15 billion project financing of a greenfield polypropylene production facility in Turkiye’s Adana Province.