Wed, Jan
73 New Articles

Karanovic & Partners Advises Elicio Ali on Refinancing Alibunar Wind Farm

Karanovic & Partners Advises Elicio Ali on Refinancing Alibunar Wind Farm

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Karanovic & Partners has advised Elicio Ali VE on the refinancing of its Alibunar Wind Farm from UniCredit Bank Serbia.

According to Karanovic & Partners, “UniCredit Bank Serbia and Elicio Ali VE, a company wholly owned by Elicio NV, have completed the refinancing transaction of the 42-megawatt Alibunar wind farm, which supplies slightly less than 30,000 households with electricity.”

Elicio’s portfolio currently includes 540 megawatts of operational onshore and offshore wind farms, with another 60 megawatts under construction. In addition to projects in Serbia, Elicio manages more than 30 wind farms in Belgium and France and has a portfolio of wind farms in the North Sea.

Karanovic & Partners’ team was led by Senior Associate Mina Sreckovic.

Karanovic & Partners could not provide any additional information on the deal.

Editor's note: After this article was published, CMS announced that it had advised UniCredit Bank Serbia on the EUR 53 million financing deal. The firm's team included Partners Ivan Gazdic and Milica Popovic, Attorneys Ksenija Boreta, Marija Marosan, and Igor Djordjevic, and Associate Teodora Vujosevic.

Karanovic & Partners at a Glance

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.​

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/