CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych; "KUKE") is the only export credit agency in Poland providing export insurance for trade security in high-risk markets guaranteed by the Polish State Treasury, regulated by the Polish Act of 7 July 1994 on Insurance Guaranteed by the State Treasury.
Vlasceanu & Partners has advised Ecoenergy's Romanian subsidiary Heliolux on obtaining EUR 38 million in project financing from Raiffeisen Bank International for the 92-megawatt Parau photovoltaic solar project. CMS reportedly advised Raiffeisen Bank.
Clifford Chance has advised Nord/LB as the lender on the financing of OX2’s 100-megawatt Rutki Solar Farm in southwestern Poland. Allen & Overy Shearman Sterling reportedly advised OX2.
CMS has advised DRI on physical power purchase agreements with OMV Petrom for three separate solar projects.
Allen & Overy Shearman Sterling has advised on the approximately EUR 3.6 billion refinancing of Slovenske Elektrarne. Clifford Chance advised the UniCredit Bank-led banking club.
White & Case has advised Orlen on its issuance of USD 1.25 billion in unsecured bonds on the US Rule 144A bond market. Clifford Chance advised the banks.
KLC has advised the National Bank of Greece on the project financing of Greece’s inaugural battery energy storage project sponsored by Elsewedy Electric SAE.
