BPV Grigorescu Stefanica, working alongside lead counsel Jones Day, has advised US-based insurance and financial services group Massachusetts Mutual Life Insurance Company on its investment in the UK-headquartered Low Carbon Group. Ashurst's London office reportedly advised the Low Carbon Group.
MassMutual is a US mutual life insurer that offers a range of protection, accumulation, wealth management, and retirement products and services.
The Low Carbon Group is a developer, owner, and operator of large-scale renewable energy projects. Currently, the Low Carbon Group, through its subsidiaries, develops or will develop renewable energy projects in Scotland, Wales, Ireland, Romania, the Netherlands, Finland, and Sweden.
The BPV Grigorescu Stefanica team was led by Partner Catalin Grigorescu and included Managing Associate Nicolae Ursu, Senior Associates Alina Tyelu and Octavian Marian, and Associates Iuliana Rusu, Diana Radu, and Anamaria Rotariu.