13
Wed, Aug
69 New Articles

RTPR and A&O Shearman Advise OX2 on Sale of Onshore Wind Project in Romania

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

RTPR and Allen Overy Shearman Sterling have advised OX2 on the sale of the 96-megawatt Ansthall onshore wind farm in Galati County, Romania, to Helleniq Renewables. CMS reportedly advised the buyers.

OX2 is a renewable energy developer with a portfolio spanning onshore and offshore wind, solar, energy storage, and hydrogen projects.

According to RTPR, the project is backed by a 12-year virtual power purchase agreement with Ahold Delhaize, covering more than half of the wind farm’s electricity output.

The RTPR team included Partner Mihai Ristici, Bogdan Cordos, and Roxana Ionescu, Counsel Vlad Stamatescu and Ianita Tui, Managing Associate Andrei Tosa, Associates George Capota and Serban Halmagean, and Junior Associates Bianca Cojocaru, David Mirea, Luka Perovic, Alexandra Grieb, and Irina Ratiu.

The A&O Shearman team included Warsaw-based Partner Jaroslaw Iwanicki, Counsel Kamil Jankielewicz, and Senior Associate Antoni Roszkowski.

SubBanner - Article

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.

Our Latest Issue