The energy crisis has led to businesses shutting down for the winter and subsequent employment-related issues, with the Hungarian government now providing energy subsidies, according to KCG Partners Founding Partner Rita Parkanyi.
Betting on IT, Renewables, and Construction in Bulgaria: A Buzz Interview with Venelin Dimitrov of KDP
Cautious optimism threads across Bulgarian markets – despite political instability and rising concerns fueled by the concurrent global crises – according to Komarevski Dimitrov & Partners Partner Venelin Dimitrov.
BSRP Advises E.ON Hungaria on Merger of Trading Companies into E.ON Energy Solutions
Ban, S. Szabo, Rausch & Partners has advised E.ON Hungaria on the merger of trading companies Elmu-Emasz Energiaszolgaltato and Elmu-Emasz Energy Supplier into E.ON Energy Solutions.
White & Case, GKC Partners, and Paksoy Advise on Enerjisa Uretim's Green Financing from HSBC Group
White & Case and Turkish affiliate GKC Partners have advised Enerjisa Enerji Uretim on a USD 102 million export credit agency-backed commercial green financing provided by the HSBC Group. Paksoy and, reportedly, Morgan Lewis advised HSBC.
Finalizing the Legal Framework for Easier Construction of Renewable Energy Facilities
The Ministry of Ecology, Spatial Planning, and Urbanism of Montenegro („Ministry“) enacted a Rulebook on closer criteria for the assessment of requests for the issuance of urbanistic-technical conditions for the construction of facilities for the production of electricity from renewable sources of the sun and other renewable sources (“Rulebook”). The Rulebook entered into force on the day of its publication in the Official Gazette of Montenegro, i.e., on 12 October 2022.
Cobalt Advises Enersense on Joint Venture with Siemens Energy
Cobalt has advised energy infrastructure contractor Enersense SIA on the formation of a joint venture with Siemens Energy Global.
CMS and Kinstellar Advise on Gelsenwasser's Sale of Czech Utility Business to Accolade Group
CMS has advised Gelsenwasser on the sale of its Czech water supply, wastewater disposal, and heat and power generation business to the Accolade Group. Kinstellar and, reportedly, Herbert Smith Freehills advised the Accolade Group.