Leaua Damcali Deaconu Paunescu, working with Geneva-based Lalive, has successfully represented Romania in an ICSID arbitration case against gold mine operator Gabriel Resources, whose claims amounted to approximately USD 6.7 billion.
DWF Advises Baltic Towers on Construction of Polish Offshore Wind Tower Factory
DWF has advised Baltic Towers on the over PLN 400 million design and construction agreement with general contractor Erbud for a factory set to produce offshore wind towers on Ostrow Island, near Gdansk, Poland.
Lambadarios and Karatzas & Partners Advise on Financing for RWE and PPC 940-Megawatt Solar Portfolio
Lambadarios has advised RWE Renewables and PPC Renewables on the financing for their 940-megawatt portfolio of solar farms in Amyntaio, Western Macedonia, through their Meton joint venture company. Karatzas & Partners advised Eurobank, Alpha Bank, and the National Bank of Greece on the financing.
Reed Smith Advises PPC Renewables on Acquisition of 164-Megawatt Wind Portfolio from Intrakat
Reed Smith has advised PPC Renewables on its acquisition of a wind projects portfolio – totaling approximately 164 megawatts – from Intrakat as well as on the parties' strategic cooperation on developing a further 1.6 gigawatts in renewable energy projects. Argyropoulos-Gissaki & Associates reportedly advised Intrakat.
Changes for Renewable Energy Projects Brought About by the Urbanism Code
Following almost four years of consultations and debates, on March 29, 2023, Romania’s Government has submitted for the adoption of the Senate the draft law on the Code of Land Planning, Urbanism and Construction (the “Urbanism Code”).
Schoenherr Advises Sunex on Accelerated Bookbuilding Sale of Shares
Schoenherr has advised Polish renewable energy solution provider Sunex on the accelerated bookbuilding process and sale of 2 million shares – 9.86% of the company's share capital – by its shareholder.
Karanovic & Partners Advises GGF on EUR 50 Million Loan to UniCredit Bank Serbia for Supporting Renewable Energy
Karanovic & Partners has advised the Green for Growth Fund on a EUR 50 million loan for UniCredit Bank Serbia to finance utility-scale renewable energy projects in the country with a focus on solar and wind.