Vlasceanu, Nyerges & Partners has advised Shikun & Binui Energy on the acquisition of a 67.5-megawatt photovoltaic park in Romania from Monsson. Berechet Rusu Hirit advised Monsson.
According to Vlasceanu, Nyerges & Partners, the project “entails an investment of up to EUR 50 million” on Shikun & Binui’s end. The firm will continue to advise on the project's further development and construction.
The photovoltaic park, planned to be developed on 85 hectares of land, has received grid connection approval from Transelectrica and is planned to be completed during 2022.
Vlasceanu, Nyerges & Partners’ team included Partners Mihaela Nyerges and Loredana Vlasceanu and Senior Associate Monica Cune-Ghitescu.
The BRH team included Partners Valentin Hirit and Anca Rusu.