Zivkovic Samardzic and Fatur Menard have advised Trigal on its investment in five urban lighting regeneration public-private partnership projects in Serbia.
The projects have a 13-year lifespan, are led by energy services provider Resalta, and include the installation of LED lights in five municipalities, with significant projected savings.
According to Zivkovic Samardzic, “this ESCO projects portfolio is the latest one in Trigal’s infrastructure portfolio and comes after the implementation of similar projects in North Macedonia and Croatia. The term ESCO stands for energy service company and the model allows those companies to carry out energy services without the clients having to invest their own capital in the projects.”
Trigal is a joint venture founded by German Kgal and Slovenian Zavarovalnica Triglav and offers investment, operational, and asset management services for clients such as insurance companies, pension funds, and family offices. According to Zivkovic Samardzic, "Kgal and Triglav combine over EUR 23.2 billion in assets under management and joined forces to create Trigal, with the goal to become the leading real asset investment management platform for the Adriatic region."
The Zivkovic Samardzic team was led by Partners Igor Zivkovski and Sava Pavlovic.
The Fatur Menard team was led by Senior Partner Maja Menard and included Senior Attorney-at-Law Lovro Jurgec.