Schoenherr has advised OMV Aktiengesellschaft on the issuance of EUR 750 million in perpetual, subordinated hybrid notes with J.P. Morgan and MUFG acting as the structuring agents and joint global coordinators and BofA Securities, Erste Group, ING, LBBW, and SMBC as the joint bookrunners. Wolf Theiss, working with the White & Case Frankfurt office, advised the bookrunners.
State Aid for a Greener Future: Navigating the EU's Clean Industrial Deal State Aid Framework
The European Commission (EC) has published a comprehensive communication introducing a playbook for Member States on designing state aid measures to support their objectives under the Clean Industrial Deal. This framework aims to facilitate industrial decarbonisation and the rollout of clean energy and will remain in force until 31 December 2030. The Clean Industrial Deal State Aid Framework (CISAF) is intended to offer a wide range of companies long-term investment predictability.
Norton Rose Fulbright Advises BGK on Investment in Eiffel Group’s Energy Transition Fund
Norton Rose Fulbright has advised Bank Gospodarstwa Krajowego on its investment as a limited partner in the Eiffel Group. Allen Overy Shearman Sterling reportedly advised the Eiffel Group.
Tuca Zbarcea & Asociatii Secures Victory for Silcotub in Electricity Pricing Case
Tuca Zbarcea & Asociatii has successfully represented Silcotub in a dispute resulting in a final ruling from Romania’s High Court of Cassation and Justice requiring an energy supplier to recalculate the electricity price invoiced to Silcotub.
The NEURC Clarified the Requirements for Documents Needed to Obtain Energy Storage Licenses
On 18 June 2025, the National Commission for State Regulation of Energy and Public Utilities (NEURC) adopted a resolution amending the Licensing Conditions for Energy Storage (Resolution No. 882).
GKC Partners and Norton Rose Fulbright Advise on Aksa Enerji's USD 150 Million AFC Financing for African Energy Projects
White & Case's Turkish affiliate GKC Partners has advised Aksa Enerji on securing a USD 150 million facility from the Africa Finance Corporation to support the company’s natural gas power plant investments across the Africa region. Norton Rose Fulbright and its Turkish affiliate Pekin Bayar Mizrahi advised AFC.
Lexist Advises Efor Holding on Two Wind Turbine Projects
Lexist has advised Efor Holding on wind turbines supply and installment agreements with Nordex Group for Efor Holding subsidiaries Yellice Enerji Uretim and Gelgit Yenilenebilir Enerji ve Elektrik Uretim.