Energy/Natural Resources

The Spectrum of Hydrogen: Unravelling the Meanings Behind Its Colors

In the burgeoning landscape of alternative energy, hydrogen emerges as a beacon of hope, championing the transition toward a cleaner, more sustainable future. However, not all hydrogen is created equal, and the color code attributed to its production process not only paints a picture of its environmental footprint but also hints at the broader implications for our global energy matrix. This article delves into the colorful world of hydrogen, exploring the significance and implications of its diverse hues.

The Debrief: April 2024

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

BDK Advokati and Harrisons Advise on Enlight RE and Enlight K-2 Wind Development of Pupin Wind Farm

BDK Advokati has advised Enlight Renewable Energy and Enlight K-2 Wind on the development and financing of the 94.4-megawatt Pupin wind farm slated for construction in Kovacica, Serbia. Harrisons and, reportedly, White & Case advised lenders Erste Bank AG, Erste Bank Novi Sad, and the EBRD on their EUR 91.4 million financing.

Allen & Overy and Skils Advise on Macquarie Asset Management's Sale of GasNet to CEZ

Allen & Overy has advised Macquarie Asset Management on the disposal of its 55.21% indirect interest in GasNet and GasNet Sluzby, at a total enterprise value of approximately EUR 4 billion. Skils advised CEZ on the acquisition.

Contracts for Difference: The European Commission Has Approved a EUR 3 Billion State Aid Scheme for Romania to Support Onshore Wind and Solar Photovoltaic Installations.

On 6 March 2024, the Ministry of Energy received approval from the European Commission (the “Decision“) for the contract-for-difference financing scheme in support of onshore wind and solar PV installations to promote the transition to a zero net-zero economy. On 27 March 2024, a non-confidential version of the Decision was published in the State Aid Register on the Commission’s competition website.

DWF and DLA Piper Advise on SachsenEnergie's Acquisition of PV Plants in Poland

DWF has advised German energy company SachsenEnergie on the acquisition of three photovoltaic farms with a total installed capacity of 23.1 megawatts from Onde. DLA Piper advised Onde.

Schoenherr Successful on Binding EIA Approval for Loidesthal II Wind Farm

Schoenherr has successfully represented ImWind in obtaining a legally binding EIA permit for the Loidesthal II wind farm in Zistersdorf, Lower Austria.