CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Clifford Chance has advised Nofar Energy via its Romanian entities Solis Imperium and RTG Solar Energy on a EUR 122 million term loan facility agreement and VAT facility agreement with the EBRD and Raiffeisen International.
Cobalt, working with Watson Farley & Williams, has advised NORD/LB and Swedbank on the EUR 87 million financing for Aidu Wind Park’s development of 67.5 megawatts of the 75-megawatt Aidu wind farm in Estonia.
CMS has advised TurboVolt on its sale to Eleport. Ellex advised Eleport and, reportedly, Schoenherr advised Eleport on Austrian, Croatian, and Slovenian law.
Cobalt has advised the Warsaw Equity Group on its investment in UP Catalyst in a EUR 2.36 million round that also saw the participation of SmartCap.
Cobalt has advised Aquila Clean Energy-managed project company Windfarm Akmene Two on securing a EUR 125 million green loan from SEB Bank.
On August 13, 2024, the Cabinet Ministers of Ukraine (CMU) adopted important resolutions which will accelerate the deployment of renewable energy sources (RES) and distributed generation in Ukraine, namely:
CMS has advised MND on its acquisition of a 50% share in the 54.6-megawatt Oriv wind power plant in Ukraine.
