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Wolf Theiss Advises PolSolar on 250-Megawatt Solar Plant Development in Hungary

Wolf Theiss Advises PolSolar on 250-Megawatt Solar Plant Development in Hungary

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Wolf Theiss has advised a group of investors represented by PolSolar on the engineering, procurement, and construction of a 250-megawatt solar power plant in Mezocsat, Hungary.

According to Wolf Theiss, “the solar power plant boasts an installed rated capacity of 250 megawatts and was officially handed over on June 6, in Mezocsat, Hungary, marking a significant milestone in the country's transition towards clean energy. This new solar power plant has already undergone rigorous production tests and has been seamlessly integrated into the Hungarian electricity grid. Consequently, solar power generation and electricity export figures have already experienced a notable boost.”

According to the firm, “the Mezocsat solar power plant accounts for 8% of the total electricity generated by solar power plants in Hungary. The new plant spans a vast area of 440 hectares, featuring an astounding 466,000 solar panels, 80 medium-voltage transformer stations, and an intricate network of 1,000 kilometers of cables. The power plant can produce 372 gigawatt-hours of electricity annually; which amounts to enough clean energy to meet the energy needs of the nearby city of Debrecen, home to a population of 200,000, for half a year. The investment of over HUF 90 billion (approximately EUR 245 million) highlights the commitment of both private and public entities to the expansion of renewable energy sources. The expected lifespan of the investment is projected to be a minimum of 15 years, ensuring a long-lasting positive impact on Hungary's renewable energy sector.”

The Wolf Theiss team included Partner Laszlo Kenyeres and Associate Adam Lukonits.

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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. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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