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Savoric & Partners and Kovacevic, Prpic, Simeunovic Advise on Hrvatski Telekom and Liburana Partnership

Savoric & Partners and Kovacevic, Prpic, Simeunovic Advise on Hrvatski Telekom and Liburana Partnership

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Savoric & Partners has advised Hrvatski Telekom on its renewable-source virtual power purchase agreement ten-year partnership with Liburana. Kovacevic, Prpic, Simeunovic advised Liburana.

According to Hrvatski Telekom, the ten-year partnership concerns a virtual power purchase agreement for renewable sources-generated electricity. Under the agreement, Liburana will supply Hrvatski Telekom with approximately 50 gigawatts of electricity generated at a wind power plant that will be built at the Mazin Gracac location.

Liburana is a fully-owned subsidiary of renewable energy company Professio Energia.

The Savoric & Partners team included Partner Mia Lazic and Senior Associate Andrea Ruba.

The Kovacevic, Prpic, Simeunovic team included Partner Dinka Kovacevic and Attorney at Law Tin Anicic.