Former Veolia Energie Romania Head of Legal Department & Data Protection Officer Georgeta Szabo has joined CWP Global in Bucharest as Legal Manager.

Wolf Theiss, working with Aird & Berliss, has advised Jade Power Trust on the sale of its portfolio of six renewable energy projects to Enery Power Holding. Schoenherr advised the buyer.

The Environmental Impact Assessment Regulation ["Regulation"], repealing the previous regulation dated 2014,  entered into force upon its publication in the Official Gazette no. 31907 dated 29 July 2022. The new Regulation introduces significant updates within the framework of the "Green Development Goals".

Former Noerr Associate Partner in Romania Anca Mihailescu has left the firm and founded Mihailescu Legal.

Norton Rose Fulbright has advised the National Bank of Greece on EUR 450 million financing of floating storage and regasification terminal off the coast of Alexandroupolis. Bernitsas Law advised Gastrade.

Historically, Ukraine has been known as a country with a good investment climate, particularly in the energy sector. The country’s high feed-in tariff rates, general digitalization, well-established and simplified regulatory procedures, and the availability of alternative suppliers for works and services, among other factors, have contributed to a large influx of investors in new green energy projects in Ukraine.