CMS has advised Astronergy on the acquisition of the Boychinovtsi 60-megawatt photovoltaic project in Bulgaria. Ivanov & Co advised the sellers.

Despite a potential recession and high-interest rates, the overall outlook for the Polish market remains optimistic, with robust M&A activity in sectors such as IT, infrastructure, renewable energy, and gaming, according to Clifford Chance Office Managing Partner Agnieszka Janicka.

In January 2023, the Serbian Ministry of Mining and Energy initiated the procedure for the amendments to the Law on the Use of the Renewable Energy Sources (“Amendments”) whose purpose was, among others, to limit the installed power of the prosumers.

As elections loom large, Greece continues to play to its strengths – with energy and hospitality & leisure leading the charge – while the legislative process has been slowing down and some investors have adopted a holding-pattern approach, according to Papapolitis & Papapolitis Partner Evi Tsilou.

Dentons has advised GoldenPeaks Capital on obtaining financing from BayernLB for two new portfolios of solar farms in Poland. 

Wolf Theiss has advised DTEK Renewables International on the staggered share deal acquisition of a 49.38-megawatt photovoltaic power plant from Finas Invest.