Energy/Natural Resources

Dentons, Binder Groesswang, and DGKV Advise UniCredit Bulbank and EBRD on Financing for Tsenovo Solar Plant

Dentons, Binder Groesswang, and Djingov Gouginski Kyutchukov & Velichkov have advised UniCredit Bulbank and the EBRD on the financing for Enery Development's construction and operation of a large-scale solar plant in north-eastern Bulgaria set to add 112.5 megawatts of solar power generation to the country's electricity system. Schoenherr reportedly advised Enery Development.

Norton Rose Advises BNP Paribas Bank Polska on Financing Construction of 33-Megawatt R.Power Portfolio

Norton Rose Fulbright has advised BNP Paribas Bank Polska on its financing for the construction of a 32.7-megawatt photovoltaic projects portfolio sponsored by R.Power. Deloitte Legal reportedly advised R.Power.

Dentons and Clifford Chance Advise on PKO Bank Polski and EBRD Financing for 70-Megawatt Wind Portfolio

Dentons has advised PKO Bank Polski and the EBRD on providing debt financing for the construction of the 31.5-megawatt Grabkowo wind farm in Potegowo and operational support for the 37.5-megawatt Orla wind farm, both of which are operated by Eurowatt. Clifford Chance advised Eurowatt.

Paksoy Advises EBRD on USD 100 Million Loan to Enerjisa Enerji

Paksoy has advised the EBRD on its USD 100 million loan to Enerjisa Enerji as part of its earthquake response package.

Act Legal and SSW Pragmatic Solutions Advise on Doosan Skoda Power EPC Agreement with Orlen

Act Legal has advised Doosan Skoda Power on executing an EPC agreement with Orlen. SSW Pragmatic Solutions advised Orlen. The total value of the project exceeds EUR 125 million.

Ukrainian Regulator Postpones the Deadline Registering as a Wholesale Energy Market Participant until April 1, 2024

On January 31, 2024, Ukraine’s National Energy and Utilities Services Commission (the Regulator) adopted Resolution No. 232 On Approval of Amendments to the Resolution of the Regulator 1812 dated October 4, 2023 (the Amendments).

NEURC Brought Secondary Legislation in Line with the Law on "Green" Transformation

On 24 January 2024, the NEURC adopted the Resolution "On Amendments to Certain Resolutions of the National Energy and Utilities Regulatory Commission (NEURC)" (the "Resolution") to bring the secondary legislation in line with the Law of Ukraine "On Amendments to Certain Laws of Ukraine on Restoration and Green Transformation of the Energy System of Ukraine" No. 3220-IX dated 30 June 2023 (the "Law on "Green" Transformation").