Ijdelea & Associates has advised Black Sea Oil & Gas, backed by The Carlyle Group, on a EUR 175 million syndicated credit extended by a consortium of Romanian and international financial institutions. Popovici Nitu Stoica & Asociatii advised the lenders.
According to Ijdelea & Associates, the financing supports BSOG’s continued development and operations within Romania’s upstream energy space.
In 2023, Ijdelea & Associates advised BSOG on a three-gigawatt offshore wind project in Romania (as reported by CEE Legal Matters on July 10, 2023).
The Ijdelea & Associates team included Managing Partner Oana Ijdelea, Partner Siranus Hahamian, Senior Associate Andreea Tudor, and Associate Robert Nita.
The PNSA team included Partner Bogdan Stoica, Senior Associate Ioana Lazar, and Associate Crina Stan.