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Schoenherr Advises RBI on EUR 31 Million Financing for 60-Megawatt Solar Plant in Bosnia and Herzegovina

Schoenherr Advises RBI on EUR 31 Million Financing for 60-Megawatt Solar Plant in Bosnia and Herzegovina

Bosnia and Herzegovina
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Schoenherr, working with Walder Wyss and the Law Office of Loren Richards, has advised Raiffeisen Bank International on its EUR 31 million project financing to borrower Energy Financing Team SE Bileca to develop a 60-megawatt solar power plant in Republika Srpska, Bosnia and Herzegovina.

According to Schoenherr, the borrower estimates 103 gigawatt-hours of energy will be produced in the first year of the power plant's operation, with an annual carbon dioxide reduction of approximately 100,000 tons, when compared to electricity produced in coal-fired power plants. "This green energy loan project thus plays a crucial role in increasing the use of renewable energy in Bosnia and Herzegovina while having a minimal impact on the environment."

The Energy Financing Team SE Bileca is part of the EFT Group, a player in power trading and investment in Central and Southeast Europe already delivering energy across 20 countries.

The Schoenherr team was led by Partners Martin Ebner, Matija Vojnovic, and Jelena Arsic and included Attorneys at Law Minela Sehovic, Vladimir Markus, and Mate Kovacs and Associates Marko Kostic and Nikolaus Muellner.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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