Cobalt has advised Eolus on the sale of its greenfield Pienava wind power project to Latvenergo.
Sorainen Advises Key Carbon on EUR 100 Million Partnership with InSoil
Sorainen has advised Key Carbon on a EUR 100 million partnership agreement with InSoil.
Closing: China State Grid's EUR 62 Million Acquisition of 20% Stake in Ariadne Interconnection Now Closed
In June 2025, Bernitsas announced that China State Grid's EUR 62 million acquisition of a 20% stake in Ariadne Interconnection (as reported by CEE Legal Matters on November 28, 2024) has now closed.
New Energy Law in North Macedonia
On May 21, 2025, the new Energy Law was published in the Official Gazette of the Republic of North Macedonia, adopted by the North Macedonia Assembly on May 14. This systemic and reform-oriented law marks a pivotal step in the transformation of the national energy sector, aligning it with European standards, sustainable development goals, and consumer protection principles.
White & Case and Dentons Advise on CEZ Group's EUR 750 Million Sustainability-Linked Notes Issuance
White & Case has advised CEZ Group on the issuance of EUR 750 million in 4.125% sustainability-linked notes due in 2033, under the company’s updated EUR 8 billion EMTN program with CaixaBank, Citigroup Global Markets Europe, Intesa Sanpaolo, Raiffeisen Bank International, SMBC Bank EU, Societe Generale, and UniCredit Bank as the joint lead managers and PKO Bank Polski as co-manager. Dentons advised the banks.
Schoenherr and Cerha Hempel Advise OMV on Regulatory Filings for EUR 60 Billion Global Combination of Borealis, Borouge, and NOVA Chemicals
Schoenherr and Cerha Hempel have advised OMV on global regulatory filings, including merger control procedures before the European Commission and national competition authorities, related to the combination of OMV subsidiary Borealis, ADNOC subsidiary Borouge, and NOVA Chemicals. White & Case's Dubai office reportedly advised OMV as well. Freshfields, Gibson Dunn & Crutcher, and Latham & Watkins reportedly advised ADNOC.
Green Transition
The energy sector powers everything around us. Today's civilization consumes more energy in a single second than some ancient civilizations used over centuries.