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Nyerges & Partners Advises Shikun & Binui Energy on EUR 49 Million Loan from Raiffeisen Bank

Nyerges & Partners Advises Shikun & Binui Energy on EUR 49 Million Loan from Raiffeisen Bank

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Nyerges & Partners has advised Shikun & Binui Energy on a EUR 49 million loan from Raiffeisen Bank International AG for their second Romanian investment – a 101-megawatt photovoltaic facility located in Simleu Silvaniei. CMS reportedly advised Raiffeisen Bank.

Shikun & Binui Energy is an Israeli energy company.

In 2023, Nyerges & Partners advised Shikun & Binui Energy on a 101-megawatt EPC agreement with CJR Renewables (as reported by CEE Legal Matters on December 20, 2023), as well as on a EUR 40.5 million PV project financing from Raiffeisen Bank (as reported by CEE Legal Matters on March 17, 2023), and on another engineering, procurement, and construction agreement with CJR Renewables, for the development of a 69.5 megawatt-peak project in Satu Mare, Romania (as reported by CEE Legal Matters on March 8, 2023).

The Nyerges & Partners team included Managing Partner Mihaela Nyerges, Counsel Carolina Baloleanu, Managing Associates Mihaela Spiridon and Monica Cune-Ghitescu, Associate Diana Dulama, and Junior Associate Paraschiv Sandu.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.