CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Dentons and Greek-based MSTR Law have advised the Greencells Group on obtaining EUR 65 million in development financing for its solar plant portfolio across seven jurisdictions. Bernitsas and, reportedly, Hogan Lovells advised Kommunalkredit – the structuring bank and sole lender.
CMS has advised Solar Park Trakia on the completion of the development of the 50-megawatt Sinotovo photovoltaic project in Bulgaria.
A&O Shearman has advised Polenergia on the PLN 116.5 million financing of the 47-megawatt Szprotawa 1 photovoltaic farm from mBank and Bank Pekao. KLBF Kycia Legal reportedly advised the banks.
Kinstellar has advised CSOB on financing a portfolio of rooftop solar power plants for CPI Property Group in the Czech Republic via a green loan.
Schoenherr has advised OMV Slovakia on the acquisition of a network of 27 filling stations from the Benzinol Group.
The National Commission for State Regulation of Energy and Public Utilities (NEURC) issued Resolution No. 1172 on 26 June 2024 "On Approval of Amendments to Certain NEURC Resolutions. This resolution allows for the signing of five-year agreements in the ancillary services market by introducing special auctions.
Nyerges & Partners has advised Shikun & Binui Energy on a EUR 49 million loan from Raiffeisen Bank International AG for their second Romanian investment – a 101-megawatt photovoltaic facility located in Simleu Silvaniei. CMS reportedly advised Raiffeisen Bank.
