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Tuca Zbarcea & Asociatii and RTPR Advise CEZ's Divestment of Romanian Assets

Tuca Zbarcea & Asociatii and RTPR Advise CEZ's Divestment of Romanian Assets

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Tuca Zbarcea & Asociatii, working with lead counsel Skils, has advised the CEZ Group on the sale of its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets. RTPR advised MIRA on the deal.

The assets consist of seven companies, including, among others, the electricity distribution grid, the energy supply assets, and the Fantanele Cogealac wind farm. In specific, the seven companies are: Distribuție Energie Oltenia, CEZ Vanzare, Ovidiu Development, Tomis Team, MW Team Invest, TMK Hydroenergy Power, and CEZ Romania.

Tuca Zbarcea & Asociatii’s team was led by Partner Sorin Vladescu and Managing Associate Nisa Jecu and included Managing Associates Raluca Misu, Alexandra Peres, Bogdan Halcu, Andreea Oprisan, and Catalin Georgescu.

RTPR's team was led by Managing Partner Costin Taracila and Included Partner Alexandru Retevoescu, Counsels Alexandru Stanoiu, Victor Rusu, Cosmin Tilea, and Roxana Ionescu, Managing Associates Bianca Eremia and Vicu Buzac, Senior Associate Bogdan Cordos, Associates Petru Ursache, Cristi Porojanu, Andreea Stoiciu, Cezara Urzica, and Codrina Simionescu, and Junior Associate Laura Costea.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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