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DLA Piper and VNP Advise on PNE Group's Sale of Solar Project Portfolio to Econergy

DLA Piper and VNP Advise on PNE Group's Sale of Solar Project Portfolio to Econergy

Romania
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DLA Piper has advised the PNE Group on the sale of a solar project in Romania to Econergy. Vlasceanu, Nyerges & Partners advised the buyer. 

According to DLA Piper, "the project has a nominal capacity of 81 megawatts, is located in the Oradea region, and was developed to construction maturity and then sold to Econergy."

The PNE Group is a German-headquartered company that develops and operates wind farms on land and at sea.

Econergy is a UK-based company operating a series of Romanian energy projects.

The DLA Piper team was led by Counsel Paula Corban-Pelin and included Counsel Florin Tineghe and Junior Associates Teodor Sabau and Ioana Anton.

The VNP team was led by Partner Loredana Vlasceanu and included Partner Raluca Spanu and Senior Associate Mihaela Farin.

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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