CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Koutalidis has advised the Hellenic Gas Transmission System Operator on its issuance of a bond loan of up to EUR 710 million with National Bank of Greece, Piraeus Bank, Alpha Bank, and Eurobank as acting as arrangers, NBG and Piraeus Bank also serving as bondholder coordinators, and Alpha Bank acting as bondholder agent and administrative agent. Lambadarios advised the banks.
Dentons has advised PKO Bank Polski on the financing granted to VSB Group's subsidiary VSB Polska for its investment in the 41.6-megawatt Raciborz onshore wind park. Solivan advised VSB.
CMS has advised DNB Bank ASA and PKO Bank Polski on the refinancing of two portfolios of photovoltaic projects owned by GoldenPeaks Capital. Clyde & Co and Dentons advised GoldenPeaks Capital.
CCAO has advised Akbank on the financing of solar power plants operated by Sunar Misir.
Clifford Chance has advised mBank on R.Power's issuance of three series of secured green bonds with a total nominal value of PLN 530 million.
A new draft regulation was put to public consultation until 27 September 2024 that could bring significant changes to the operation of district heating systems in Hungary. The aim of the regulation is to increase the use of renewable energy sources such as geothermal and biomass in district heating, thus reducing dependence on natural gas and costs.
Rymarz Zdort Maruta has advised EWE on the sale of EWE Polska and its group companies EWE Przesyl and EWE Energia to Eesti Gaas for a total value of EUR 120 million. CMS and Ellex advised Eesti Gaas.
