ODI Law has advised Holding Slovenske Elektrarne on a EUR 350 million cross-border syndicated debt refinancing.

Government Decree No. 230/2022 passed on 28 June 2022 introduced a new regime which enables the Hungarian Government to place certain entities under the supervision of the Hungarian State. Such entities shall have a significant or dominant position in the energy industry, in particular in the following sectors having strategic and national security importance: (i) electricity, (ii) natural gas, (iii) crude oil, (iv) district heating and (v) mining. The legislation expressly mentions two entities, i.e. FGSZ Natural Gas Transmission Private Company Limited by Shares and the Hungarian Hydrocarbon Stockpiling Association.

Norton Rose Fulbright has advised a consortium of banks on the PLN 4 billion sustainability-linked financing for Tauron Polska Energia. Linklaters advised Tauron Polska Energia.

Here is some good news for the renewable energy industry:

Schoenherr has advised Austria's Altstoff Recycling on a cooperation agreement for the construction of a new sorting plant in Upper Austria with Duales System Deutschland and Bernegger.

The Energy Agency of the Republic of Serbia (“AERS”) adopted three decisions on amendments of the following methodologies, on its session held on 7 July 2022: