Despite the challenges, Croatia’s M&A market appears to hold promise in 2023 – particularly in the retail, IT, and renewables sectors – according to Ostermann & Partners Managing Partner Mojmir Ostermann.

Partner Agnieszka Kulinska has been appointed the new Head of the Energy and Natural Resources practice in Dentons’ Warsaw office, taking over from Managing Partner Arkadiusz Krasnodebski. Warsaw and Munich-based Partner Christian Schnell will Co-Head the firm's Europe Energy practice group alongside Berlin-based Partner Tim Heitling.

B2RLaw Partner Andrzej Zajac has been appointed as the new Head of the firm's Energy & Real Estate practice.

Norton Rose Fulbright has advised Bank Pekao on its financing for the construction of the 9.6-megawatt Miloslaw wind farm in Palczyn, Poland, sponsored by ZE PAK. Greenberg Traurig reportedly advised the borrower.

Rymarz Zdort Maruta has advised Polska Grupa Energetyczna on the formation of PGE PAK Energia Jadrowa – a joint venture of PGE and ZE PAK, each with a 50% shareholding – for the development of Poland’s second nuclear power plant to be constructed in Patnow. 

Dentons has advised arranger, original lender, agent, and security agent Raiffeisen Bank International on a EUR 21.9 million term loan facility for the development of a 31.5-megawatt portfolio of eight photovoltaic power plants in Romania to companies owned and operated by Photon Energy NV.