In the burgeoning landscape of alternative energy, hydrogen emerges as a beacon of hope, championing the transition toward a cleaner, more sustainable future. However, not all hydrogen is created equal, and the color code attributed to its production process not only paints a picture of its environmental footprint but also hints at the broader implications for our global energy matrix. This article delves into the colorful world of hydrogen, exploring the significance and implications of its diverse hues.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

BDK Advokati has advised Enlight Renewable Energy and Enlight K-2 Wind on the development and financing of the 94.4-megawatt Pupin wind farm slated for construction in Kovacica, Serbia. Harrisons and, reportedly, White & Case advised lenders Erste Bank AG, Erste Bank Novi Sad, and the EBRD on their EUR 91.4 million financing.

Allen & Overy has advised Macquarie Asset Management on the disposal of its 55.21% indirect interest in GasNet and GasNet Sluzby, at a total enterprise value of approximately EUR 4 billion. Skils advised CEZ on the acquisition.

On 6 March 2024, the Ministry of Energy received approval from the European Commission (the “Decision“) for the contract-for-difference financing scheme in support of onshore wind and solar PV installations to promote the transition to a zero net-zero economy. On 27 March 2024, a non-confidential version of the Decision was published in the State Aid Register on the Commission’s competition website.

DWF has advised German energy company SachsenEnergie on the acquisition of three photovoltaic farms with a total installed capacity of 23.1 megawatts from Onde. DLA Piper advised Onde.