CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Lambadarios has advised PPC on the acquisition of 66.6 megawatts of operational RES assets, a 1.7 gigawatt pipeline under development, and a 20% stake in the combined-cycle gas turbine unit in Alexandroupolis from the Copelouzos and Samaras groups. PwC Legal reportedly advised Copelouzos and Samaras.
The Government of Hungary has overhauled the regulatory framework governing the district heating sector. The legislative changes are primarily aimed at supporting substantial new investments in district heating production by increasing the profit limits for new installations utilising renewable and geothermal energy.
White & Case Turkish affiliate GKC Partners has advised Borusan EnBW Enerji on a USD 120 million facility extended by Akbank, the European Bank for Reconstruction and Development, Turkiye Is Bankasi, and Turkiye Sinai Kalkinma Bankasi.
CMS has advised Solar Park Trakia on the licensing of the 50-megawatt Sinotovo photovoltaic project by the Bulgarian Energy and Water Regulatory Commission as well as on its financing from Postbank.
Cobalt has advised Consolis Latvia on a partnership agreement with the Nordex Group.
NNDKP Environment Flash No. 10/2024:
Baker McKenzie has advised Emirates NBD Bank, Goldman Sachs International, HSBC Bank J.P. Morgan Securities, and Merrill Lynch International as joint bookrunners on Zorlu Enerji's USD 800 million debut Rule 144A/Reg S senior guaranteed sustainability-linked notes issuance. White & Case and its Turkish affiliate GKC Partners advised Zorly Enerji.
