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CMS Advises Green Source on Refinancing and Sale of Hungarian Photovoltaic Portfolio to Obton

CMS Advises Green Source on Refinancing and Sale of Hungarian Photovoltaic Portfolio to Obton

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CMS has advised Hungarian entities of the Green Source group on the refinancing of a loan and sale of the companies to the Obton group. Dentons reportedly advised K&H Bank.

According to CMS, a loan will be used for the establishment and operation of solar power plants located on 150 Hungarian real estates across the country.

The CMS team included Managing Partner Erika Papp, Partner Peter Simon, Senior Counsel Csongor Tompa, Senior Associate Peter Deak, Associate Kitti Tulner, and Lawyer Zita Gressai.

Editor's Note: After this article was published, CEE Legal Matters learned that Forgo, Damjanovic & Partners advised Obton on its acquisition. The firm's team included Partners Gabor Damjanovic and Zsofia Fuzi and Associates Eszter Bedo and Reka Bali.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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