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CMS Advises Green Source on Refinancing and Sale of Hungarian Photovoltaic Portfolio to Obton

CMS Advises Green Source on Refinancing and Sale of Hungarian Photovoltaic Portfolio to Obton

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CMS has advised Hungarian entities of the Green Source group on the refinancing of a loan and sale of the companies to the Obton group. Dentons reportedly advised K&H Bank.

According to CMS, a loan will be used for the establishment and operation of solar power plants located on 150 Hungarian real estates across the country.

The CMS team included Managing Partner Erika Papp, Partner Peter Simon, Senior Counsel Csongor Tompa, Senior Associate Peter Deak, Associate Kitti Tulner, and Lawyer Zita Gressai.

Editor's Note: After this article was published, CEE Legal Matters learned that Forgo, Damjanovic & Partners advised Obton on its acquisition. The firm's team included Partners Gabor Damjanovic and Zsofia Fuzi and Associates Eszter Bedo and Reka Bali.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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