AP Legal Acted has advised UniCredit Bank Srbija a.d. Beograd (a subsidiary of Elicio) on financing provided it and International Finance Corporation (IFC) for the development of the Alibunar wind-farm by Electrawinds-s d.o.o. Belgrade. IFC reportedly was advised on English law by Allen & Overy and on Serbian law by Karanovic & Nikolic.
AP Legal’s involvement included drafting and negotiating the VAT facility agreement, the hedging agreement, and all security documents related to the two agreements. The firm also supported various financing decisions involving all finance parties including the accounts agreement, the inter-creditor agreement, the project support agreement, and various security documents.
AP Legal's team consisted of Counsels Aleksandar Preradovic and Aleksandra Jovic.