CMS and White & Case Advise on Financing of Bogoslovec Wind Farm in North Macedonia

CMS and White & Case Advise on Financing of Bogoslovec Wind Farm in North Macedonia

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CMS has advised Thor Impex – the project company for the Bogoslovec 36 Megawatt wind farm in North Macedonia – on a EUR 51 million financing from a club of banks led by the Erste Bank. White & Case advised the lenders.

Recently, the Green for Growth Fund made a EUR 3.5 million equity investment in Thor Impex to partially fund the construction and operation of the wind farm (as reported by CEE Legal Matters on June 29, 2021).

The CMS team was led by Prague-based Senior Associate Pavel Srb and included Bucharest-based Partner Ana Radnev.

White & Case’s team consisted of Partner Jonathan Weinberg and Associates Petr Smerkl, Radek Kraus, and Chris Norris.