CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
A&O Shearman has advised the European Bank for Reconstruction and Development, the International Finance Corporation, and Intesa Sanpaolo Bank and its subsidiaries on a EUR 99 million financing to Karavasta Solar for the development, construction, and operation of a 140-megawatt power plant and a 19-kilometre overhead transmission line located in Fier municipality, Albania. Norton Rose Fulbright reportedly advised Karavasta Solar.
On June 3, 2024, Clifford Chance Badea announced that J.C. Flowers & Co's sale of First Bank to Intesa Group (as previously reported by CEE Legal Matters on November 3, 2023) has now closed.
Former Gardos Mosonyi Tomori Partner Veronika Bakonyi has joined Lakatos Koves and Partners' Banking Finance and Capital Markets team as an Attorney at Law.
TGS Baltic has advised Nordic Investment Bank on an investment loan of EUR 16.1 million to TKM Kinnisvara to finance the construction of a logistics center.
Bernitsas has advised Eurobank, Piraeus Bank, Alpha Bank, Alpha Bank Cyprus, Pancreta Bank, BNP Paribas, Intesa Sanpaolo, and Unicredit on the amendment and extension of the existing bond loans issued by Elpedison Power Generation up to the amount of EUR 214 million.
Integrites has advised UAID Fund on financing the reconstruction of the Giraffe Mall in Irpin, Kyiv Region.
Gessel has advised BNP Paribas and ING Bank Slaski on financing the modernization of Naleczow Zdroj group's production facility at Drzewce.
