Kolcuoglu Demirkan Kocakli has advised Vitol and its Turkish subsidiary Petrol Ofisi on the acquisition of BP’s Turkish downstream fuel operations. Gen Temizer, working with Ashurst, advised BP.
Piotr Ciolkowski Joins Dentons as Partner and Co-Head of Energy Sector Group in Poland
Former CMS Partner Piotr Ciolkowski has joined Dentons as Partner and Co-Head of the Energy Sector Group in Poland.
GKC Partners Advises Enerjisa Uretim on Financing of up to USD 1.012 Billion
White & Case Turkish affiliate GKC Partners has advised Enerjisa Uretim on up to USD 1.012 billion in financing from a syndicate of lenders including Akbank, DEG, U.S. International Development Finance Corporation, HSBC, J.P. Morgan, KfW IPEX-Bank, and Proparco for the development and construction of 750-megawatt wind energy power plants in the Aegean region of Turkiye. Clifford Chance and its Turkish affiliate law firm Ciftci Attorney Partnership reportedly advised the banks.
Lambadarios Advises PPC Group on Operational RES Assets and Pipeline Acquisition from Copelouzos and Samaras
Lambadarios has advised PPC on the acquisition of 66.6 megawatts of operational RES assets, a 1.7 gigawatt pipeline under development, and a 20% stake in the combined-cycle gas turbine unit in Alexandroupolis from the Copelouzos and Samaras groups. PwC Legal reportedly advised Copelouzos and Samaras.
A New Era in Hungary's District Heating Sector: Higher Profit Limits and a Focus on Geothermal Energy
The Government of Hungary has overhauled the regulatory framework governing the district heating sector. The legislative changes are primarily aimed at supporting substantial new investments in district heating production by increasing the profit limits for new installations utilising renewable and geothermal energy.
GKC Partners Advises Borusan EnBW Enerji on USD 120 Million Financing for Wind Power Projects
White & Case Turkish affiliate GKC Partners has advised Borusan EnBW Enerji on a USD 120 million facility extended by Akbank, the European Bank for Reconstruction and Development, Turkiye Is Bankasi, and Turkiye Sinai Kalkinma Bankasi.
CMS Advises Solar Park Trakia on Licensing and Financing of Sinotovo PV Project
CMS has advised Solar Park Trakia on the licensing of the 50-megawatt Sinotovo photovoltaic project by the Bulgarian Energy and Water Regulatory Commission as well as on its financing from Postbank.