Wolf Theiss has advised Raiffeisen Bank International on a non-recourse project financing facility to support the development of three photovoltaic power plants in Bulgaria.

Schoenherr has advised Kommunalkredit Austria on a EUR 29.3 million loan to INVL Renewable Energy Fund I to finance the construction of a 71-megawatt solar power plant portfolio in Dolj County, Romania. 

CMS, working with Ashurst, has advised Renalfa IPP on the development of its EUR 1.2 billion investment program in photovoltaic, battery electricity storage systems, and wind projects across Bulgaria, Hungary, North Macedonia, and Romania. The firm also advised on securing a EUR 315 million club loan facility led by the EBRD and backed by an InvestEU loss guarantee. DGKV, and reportedly A&O Sherman and PHH, advised the lenders.

Dentons has advised mBank on a PLN 130.5 million (approximately EUR 30.7 million) financing package, including an investment loan, granted to BXF Energia for the development of the Azalia photovoltaic farm, with a planned capacity of up to 60 megawatts, located near Rzeszow, Poland. DZP advised BXF Energia.

EU Member States are required to transpose the European Consumer Credit Directive (CCD 2), effective since October 2023, into national legislation by November 2025, with the new regulations expected to come into force on 20 November 2026. The CCD 2 aims to harmonise the fragmented regulations across Member States, eliminate legal uncertainty surrounding new credit products and strengthen consumer protection.

Slovenia’s banking sector continues to exhibit conservative lending trends, with growth concentrated in the household segment. Lending to non-financial corporations remains flat on a year-on-year basis, while household deposits are on the rise. Despite steady progress in digitalization, cash remains dominant – nearly 64% of payment transactions at physical locations in 2024 were conducted in cash.