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Tuca Zbarcea & Asociatii and Berechet Rusu Hirit Advise on Electrica's Acquisition of Wind and Solar Projects from Monsson

Tuca Zbarcea & Asociatii and Berechet Rusu Hirit Advise on Electrica's Acquisition of Wind and Solar Projects from Monsson

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Tuca Zbarcea & Asociatii has advised Electrica on its acquisition of a 207-megawatt wind and solar project portfolio from Monsson. Berechet Rusu Hirit advised the seller.

According to Tuca Zbarcea & Asociatii, Electrica acquired “social shares in three project companies owned by Monsson, consisting of two photovoltaic parks in the Satu Mare area and a wind farm in the Dobrogea area.” 

Electrica is a Romanian publicly held supplier of electricity. The company was founded in 1898 and it currently serves over 3.8 million customers in the country.

Monsson is a Stockholm-based provider of wind farm development, operation, and maintenance services. The company’s portfolio consists of projects with a total output of over 2,400 megawatts.

Tuca Zbarcea & Asociatii’s team included Partner Sorin Vladescu and Managing Associates Nisa Jecu, Alexandra Peres, and Andreea Oprisan.

Berechet Rusu Hirit’s team was led by Partner Anca Rusu.

Tuca Zbarcea & Asociatii at a Glance

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.