Energy/Natural Resources

New Notification Obligation for Czech Energy Sector Transactions

Effective 1 January 2024, the Czech Energy Act (No. 458/2000 Coll.; "EA") mandates notification to the Ministry of Industry and Trade for both direct and indirect acquisitions of elements of energy critical infrastructure. The parties will be under a standstill obligation until the transaction is cleared. Notably, the triggering event is set to 10 % of shares or voting rights or even lower. Let's take a closer look at the new transaction review feature.

EU Regulation and the Carbon Border Adjustment Mechanism (CBAM)

Regulation (EU) 2023/956 of the European Parliament and of the Council of 10 May 2023 (the “Regulation”) establishes a carbon border adjustment mechanism. The Regulation imposes new obligations on importers of selected goods from third countries into the EU. The aim of this article is to help entrepreneurs identify whether the Regulation applies to them and, if so, what are the most important obligations it imposes on them.

Legislative Provisions Related to the State of Exceptional Situation

By Decision No. 361 dated 24 November 2023, the Parliament decided to extend the emergency state on the entire territory of the Republic of Moldova for 30 days, starting on 1 December 2023.

PeliPartners Advises Mirova on EUR 140 Million Investment in Hyperion Energy Investments SGPS

PeliPartners has advised Mirova on its EUR 140 million investment into Hyperion Energy Investments SGPS.

Kinstellar, Karanovic & Partners, and AP Legal Advise on Evelixon Acquisition of Grand Wind Park from Windvision

Kinstellar has advised Evelixon Trading Limited on its acquisition of the Grand Wind Park project company from Windvision Serbia Holding and the subsequent sale of a 50% stake in Grand Wind Park to MK Green Energy Limited. Karanovic & Partners advised Windvision. AP Legal advised MK Green Energy.

DZP and Raczynski Skalski & Partners Advise on R.Power Ten-Year VPPA with Allegro

DZP Domanski Zakrzewski Palinka has advised R.Power on executing a ten-year virtual power purchase agreement with Allegro. Raczynski Skalski & Partners advised Allegro.

RTPR Advises Engie Romania on Acquisition of 80-Megawatt Chirnogeni Wind Farm

Radu Taracila Padurari Retevoescu has advised Engie Romania on its acquisition of an 80-megawatt operational wind farm majority owned by the EnerCap Group, in Chirnogeni, Romania.