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Closing: PowerChina's Acquisition of Stake in Vetrozelena Wind Farm Now Closed

Closing: PowerChina's Acquisition of Stake in Vetrozelena Wind Farm Now Closed

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Kinstellar and Schoenherr have announced that PowerChina's acquisition of a 51% stake in the Vetrozelena wind farm from CWP Europe has now closed.

As reported on May 9, 2023, the SOG Law Firm (now Kinstellar in Serbia) advised PowerChina Resources while Moravcevic Vojnovic and Partners in cooperation with Schoenherr advised the seller on what Kinstellar describes as "currently the largest acquisition in the Serbian renewables sector."

The Kinstellar team included Partner Radovan Grbovic, Senior Associate Aleksa Bosnjovic, and Junior Associate Jelisaveta Folic.

The Schoenherr team was led by Partners Vojimir Kurtic and Matija Vojnovic and included Partner Srdjana Petronijevic, Attorney at Law Zoran Soljaga, and Associates Luka Milosevic, Zeljko Loci, and Zoran Kobal.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

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