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Karanovic & Partners and Dentons Advise on Green for Growth Fund's Wind Farm Investment in North Macedonia

Karanovic & Partners and Dentons Advise on Green for Growth Fund's Wind Farm Investment in North Macedonia

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Karanovic & Partners and Dentons have advised the Green for Growth Fund on its EUR 3.5 million equity investment in Thor Impex Skopje, partially funding the construction and operation of a 36-megawatt wind farm near Bogoslovec in North Macedonia.

According to Karanovic & Partners, the Bogoslovec project is directly aligned with the GGF’s sustainable investment objective and should directly contribute to the implementation of North Macedonia’s Renewable Energy Action Plan, which aims to reach a 50% share of renewable energy in electricity production by 2024.

Dentons' team included Partner Nadia Cansun and Senior Associate Merve Akkus.

North Macedonian Knowledge Partner

ODI is a leading regional law firm in the CEE with offices in Slovenia, Serbia, Croatia and North Macedonia. The firm’s regional presence enables it to provide coordinated and seamless high-quality legal advice on projects across multiple jurisdictions or in a single location. The firm draws on the knowledge and experience of its locally and internationally trained lawyers advising on a broad range of matters, including banking & finance, competition, real estate, corporate / M&A, dispute resolution, employment and benefits, intellectual property, privacy and data protection, regulatory and administrative, restructuring and insolvency and tax.

The firm’s principal objective is to create value for clients by streamlining in-depth knowledge and experience in a particular industry. The firm has extensive experience in acting for clients on M&A transactions, with lawyers advising large multinational corporations, sponsors and lenders on all aspects of acquisitions. The firm’s lawyers are fully versed in conducting legal due diligence, transactional support, acquisition strategy and drafting and negotiating transaction documents in an M&A transaction. They take a commercial approach to how they handle transactions and deliver legal advice. The firm focuses on delivering services in a practical and timely way, while also focusing on what is required to move to the next stage of the transaction.

ODI’s North Macedonia office focuses on complex and high value domestic and multi-jurisdictional deals. Leading global companies and financial institutions particularly value the expertise of our Macedonian lawyers in competition, corporate / M&A, dispute resolution, employment and benefits and privacy and data protection matters.

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