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Schoenherr Advises Engie Romania on Acquisition of Operational PV Park

Schoenherr Advises Engie Romania on Acquisition of Operational PV Park

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Schoenherr has advised Engie Romania on the acquisition of a fully operational Romanian photovoltaic project from two German investors.

The PV park, which has an installed capacity of 5.46 megawatts, is located in Teleorman county, Romania. According to Schoenherr, “through this transaction Engie strengthens its position in the Romanian renewable energy market where the company plans to further develop its portfolio of renewable energy capacities, both through organic growth and acquisitions.”

Schoenherr’s team was led by Local Partner Monica Cojocaru and included Local Partner Simona Chirica, Senior Attorney Simona Lehniuc, and Managing Attorney Madalina Mitan.

Schoenherr could not provide any more information on the deal.

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). 

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