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Closing: PowerChina's Acquisition of Stake in Vetrozelena Wind Farm Now Closed

Closing: PowerChina's Acquisition of Stake in Vetrozelena Wind Farm Now Closed

Serbia
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Kinstellar and Schoenherr have announced that PowerChina's acquisition of a 51% stake in the Vetrozelena wind farm from CWP Europe has now closed.

As reported on May 9, 2023, the SOG Law Firm (now Kinstellar in Serbia) advised PowerChina Resources while Moravcevic Vojnovic and Partners in cooperation with Schoenherr advised the seller on what Kinstellar describes as "currently the largest acquisition in the Serbian renewables sector."

The Kinstellar team included Partner Radovan Grbovic, Senior Associate Aleksa Bosnjovic, and Junior Associate Jelisaveta Folic.

The Schoenherr team was led by Partners Vojimir Kurtic and Matija Vojnovic and included Partner Srdjana Petronijevic, Attorney at Law Zoran Soljaga, and Associates Luka Milosevic, Zeljko Loci, and Zoran Kobal.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu