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Tuca Zbarcea & Asociatii and Jinga & Asociatii Advise on Engie Romania's Acquisition of Photovoltaic Park

Tuca Zbarcea & Asociatii and Jinga & Asociatii Advise on Engie Romania's Acquisition of Photovoltaic Park

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Tuca Zbarcea & Asociatii has advised Engie Romania on the acquisition of a 9.3 MW photovoltaic park from developer Alpin Solar and Ever Solar SA, a subsidiary of German photovoltaic park developer Soventixr. The sellers were advised by Jinga & Asociatii.

The photovoltaic farms, located in the village of Cristuru Secuiesc in Romania's Harghita county, were put into operation in 2015, and have so far produced about 55 GWh, which Tuca Zbarcea & Asociatii reports is the equivalent of annual electricity consumption of about 34,000 households.

Tuca Zbarcea & Asociatii’s team included Partner Irina Moinescu and Managing Associates Raluca Misu, Andreea Oprisan, Irina Raileanu, Iuliana Leon, Roxana Pana, and Marius Barladeanu.

Jinga & Asociatii's team included Partner Catalina Sucaciu and Senior Associate Mariana Tudor.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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