Energy/Natural Resources

Draft Act Introduces Initial Regulatory Framework for Functioning of Green Hydrogen Market in Poland

The development of the hydrogen economy has been recognised as one of the priorities for the implementation of the European Green Deal, the main goal of which is to achieve climate neutrality in Europe by 2050. Poland is Europe's third-largest producer of hydrogen; however, its production is done exclusively with fossil fuels for companies' own needs. The regulations currently in force in Poland do not provide adequate conditions for the effective implementation of the strategy for the development of the green (renewable) hydrogen market.

Legislative News from the Slovak Republic

We bring you a brief overview of important legislative news from the Slovak Republic that should not escape your attention.

Bernitsas Advises on EUR 214 Million Bond Loan Extension for Elpedison Power Generation

Bernitsas has advised Eurobank, Piraeus Bank, Alpha Bank, Alpha Bank Cyprus, Pancreta Bank, BNP Paribas, Intesa Sanpaolo, and Unicredit on the amendment and extension of the existing bond loans issued by Elpedison Power Generation up to the amount of EUR 214 million.

Clifford Chance and Dentons Advise on Premier Energy's RON 700 Million IPO

Clifford Chance Badea has advised Premier Energy on its IPO and listing on the Bucharest Stock Exchange amounting to approximately RON 700 million. Dentons advised the bookrunners. Moldova's Turcan Cazac and Cyprus' Chrysses Demetriades & Co reportedly advised the bookrunners as well.

TGS Baltic and Triniti Jurex Advise on Latvenergo Acquisition of Telsiai Project from Utilitas Wind

TGS Baltic has advised the Latvian state-owned electric utility company Latvenergo on its acquisition of the Telsiai project in Lithuania from Utilitas Wind. Triniti Jurex advised Utilitas Wind.

Kyriakides Georgopoulos Advises on Development of Starvert Energy PV and Battery Portfolio

Kyriakides Georgopoulos has advised Starvert Energy on land rights issues, development services agreements, and corporate matters for the development of its Greek portfolio of photovoltaic and battery storage projects with a total capacity of 900 megawatts.

Hot Practice in Bulgaria: Kostadin Sirleshtov on CMS' Energy & Climate Change Practice

The Energy & Climate Change practice of CMS has been booming in Bulgaria, according to Sofia Managing Partner and CEE Head of Energy & Climate Change Kostadin Sirleshtov, with work ranging from project, acquisitions, and financing mandates on renewables, to oil and gas, nuclear power, and a significant number of disputes.