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CMS and Forgo, Damjanovic & Partners Advise on K&H Bank's Refinancing of Obton Group PV Portfolio

Hungary
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CMS has advised K&H Bank on the refinancing of the solar portfolio consisting of Obton Group PV plants situated on 15 different locations across Hungary, with a total installed DC capacity of 71.107 megawatts. Forgo, Damjanovic & Partners reportedly advised Obton Group.

K&H Bank is one of the biggest commercial banks in Hungary and is owned by the Brussels-based KBC Group since 1999.

Obton is a Danish investment and development company.

The CMS team included Partners Eszter Torok, Jozsef Varady, and Peter Simon, Senior Counsel Zsofia Hermann, Senior Associate Dorottya Varga-Giesz, Associates Nora Devenyi and Istvan Rigo, and Trainee Lawyers Marton Lazar and Rebeka Erdosi.

The Forgo, Damjanovic & Partners team included Partners Zsofia Fuzi and Reka Bali and Associate Eszter Bedo. 

Forgo, Damjanovic & Partners at a Glance

Forgó, Damjanovic & Partners Law Firm is a medium-sized, full-service law firm. The firm has an especially strong track record in the fields of M&A and Private Equity transactions, Dispute Resolution and Employment Law.

Clients include foreign corporations, the Hungarian businesses of multinational companies and medium to large Hungarian businesses. The firm is typically instructed in complex transactions and legal disputes, cases of a cross-border nature, those demanding high-quality English language documentation and/or involving clients who require an international level of service.

Forgó, Damjanovic & Partners’ lawyers are business-minded and combine detailed legal analysis with practical legal advice and solutions.

Although the firm serves clients from many sectors of industry, its lawyers have an especially deep understanding and extensive expertise on which to draw in the energy sector. Forgó, Damjanovic & Partners’ track record includes acting for energy companies, private equity investors, financing banks and energy consultancy firms. They offer a full scale of services in the area of energy law, including:

  • advising on green energy projects, including wind, biomass, thermal energy, biogas, solar energy and waste-to-energy projects;
  • advising on power plant projects, including construction, licensing, regulatory, environmental and transactional issues;
  • providing oil and gas regulatory, licensing and transactional advice;
  • advising on mining projects;
  • advising on electricity-related contractual, transactional and regulatory issues.

Firm's website: https://fdlaw.hu/