21
Sat, Dec
127 New Articles

Schoenherr and Clifford Chance Advise on Enery’s EUR 214.45 Million Loan for Romanian Renewables Portfolio

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Schoenherr has advised Enery on a EUR 214.45 million loan facility from a syndicate including UniCredit Bank, Banca Comerciala Romana, and Erste Group Bank with BCR and UniCredit acting as the joint coordinators and bookrunners, UniCredit as the documentation agent, and BCR as the ESG coordinator, security, and facility agent. Clifford Chance advised the banks.

Enery is an independent renewable energy provider. According to Schoenherr, this financing will support Enery’s Romanian renewable energy projects by refinancing its existing portfolio, enabling the construction of a new 64.5-megawatt photovoltaic project, and integrating battery energy storage systems into operational and greenfield plants. 

The Schoenherr team included Partners Robert Bachner and Adina Damaschin, Attorneys at Law Loredana Barbu and Francesca Buta, and Associates Catrinel Ghinea and Razvan Dinica.

The Clifford Chance team included Counsel Andreea Sisman, Associate Adelina Seserman, and Lawyers Alexandru Achim and Georgiana Cupas.