Schoenherr has advised the China-based Shanghai Electric Power Co. Ltd. on its full acquisition of two project companies developing a PV project portfolio with a total capacity of 100 megawatts in Inarcs, near Budapest, from a Greencells Group subsidiary. Erdos Katona reportedly advised the sellers.
Kyriakides Georgopoulos Advises ENI Plenitude on Sale of Thessaloniki-Thessalia Gas Distribution
Kyriakides Georgopoulos has advised ENI Plenitude on the sale and transfer of a 49% stake in Thessaloniki-Thessalia Gas Distribution to Depa Infrastructure Single Member, in parallel with the privatization process of Depa Infrastructure promoted by the Greek Government.
EU Adopts a New Directive to Fight Greenwashing!
On March 22, 2023, the European Commission adopted a proposal for a new directive to prevent businesses from misleading their customers about the environmental characteristics of their products and services.
Bagzibagli Erdem & Sahin Advises Geo Jeotermal on Investment from Iz Investment Holding
Bagzibagli Erdem & Sahin has advised Geo Jeotermal Yatirimlari on receiving an investment from Iz Investment Holding and private investors.
Nyerges & Partners Advises Eurowind Energy on Another 48-Megawatt Wind Project Acquisition in Romania
Nyerges & Partners has advised Eurowind Energy on its second acquisition of a 48-megawatt wind project in South-Eastern Romania.
Did You Know: 12-Month CEE Energy/Natural Resources Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, only eleven lawyers in CEE have worked on four or more reported Energy/Natural Resources deals in CEE since March 1, 2022?
Norton Rose Fulbright and DLA Piper Advise on PGE PLN 2.3 Billion Sustainability-Linked Financing
Norton Rose Fulbright has advised PGE Polska Grupa Energetyczna on a PLN 2.3 billion ESG financing from a banking consortium. DLA Piper advised the banks.