Walless has advised Saare Wind Energy on securing the seabed use rights for an offshore wind farm project in Estonia. 

SRC Law Firm has advised Danish solar energy company Nordic Solar A/S on the refinancing of a portfolio of photovoltaic farms in Poland with a combined capacity of 16.85 megawatts.

Bulgaria’s energy sector has seen a wave of activity over the past year, spanning offshore oil and gas exploration, large-scale renewables, and battery storage projects, keeping CMS Sofia’s Energy, Projects, and Construction team at full speed, according to Partner Kostadin Sirleshtov. Backed by strong investor interest and a more stable regulatory environment, the sector’s upward trend looks set to continue into 2025.

Kyriakides Georgopoulos has advised Sirec Energy on its joint participation in Larissa Thermoelectric alongside Clavenia, DEPA Commercial, and Volton.

Greenberg Traurig has advised Invesco Real Estate on four corporate power purchase agreements with Polenergia Sprzedaz.

Allen Overy Shearman Sterling and CMS have advised Equinor and Polenergia on securing over EUR 6 billion in project financing for the development of the Baltyk 2 and Baltyk 3 offshore wind farms in Poland. The financing was provided by a syndicate of approximately 30 financial institutions, including the Nordic Investment Bank, the European Investment Bank, Euler Hermes, KUKE, and BGK. Clifford Chance advised the financing institutions.