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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

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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.

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Committed to redefining a law firm's role in an emerging regional market, Gecić Law is a full-service law firm that advises international and local clients from the public and private sectors in navigating the complex legal landscape of the region across multiple practice areas. Members of the Gecić Law team have graduated from leading universities in the US and Europe. They have extensive local and international experience, with a particular focus on EU regulatory frameworks and international trade and a proven track record in providing innovative and practical solutions in the most complex of matters.

Gecić Law is an exclusive member of two leading global alliances, TerraLex and TAGLaw, extending its international footprint. The firm and its lawyers have continuously been recognized in several practice areas by elite global directories, including The Legal 500, Chambers and Partners and Benchmark Litigation. Gecić Law was named Law Firm of the Year: South Eastern Europe 2021 and Law Firm of the Year: Eastern Europe and the Balkans 2020 at The Lawyer European Awards and was repeatedly nominated in other practice areas.

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