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CMS Advises on PPC Renewables Acquisition of Wind Farm from Lukoil Group

CMS Advises on PPC Renewables Acquisition of Wind Farm from Lukoil Group

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CMS has advised PPC Renewables on the acquisition of an 84-megawatt operational wind farm from the Lukoil Group.

PPC Renewables is a wholly owned subsidiary of the Public Power Corporation, a Greek power generation company. It operates over 30 wind farms, 18 small hydro plants, photovoltaic parks, and a hybrid power plant with a total installed capacity exceeding 230 megawatts. 

The CMS team included Managing Partner Horea Popescu, Counsels Mircea Moraru and Ramona Dulamea, Senior Associates Raluca Diaconeasa, Alexandru Dumitrescu, and Florentin Giurgea, Associates Catalin Vasile, Madalina Constantinescu, Alexandru Trandafir, and Tania Baturi, and Lawyer Bianca Banateanu.

CMS did not respond to our inquiry on the matter.

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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