CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
White & Case Turkish affiliate law firm GKC Partners has advised Zorlu Enerji on the USD 100 million tap issuance of senior guaranteed sustainability-linked notes due 2030. Baker McKenzie and its Turkish affiliate law firm Esin Attorney Partnership reportedly advised on the transaction as well.
Schoenherr has advised Verbund Wind Power Romania on the acquisition of a 272-megawatt wind project from Monsson. Berechet Rusu Hirit reportedly advised Monsson.
Schoenherr has advised Bank Pekao on the financing granted to Prime PV Group.
DLA Piper has advised Autoliv on two Virtual Power Purchase Agreements with renewable electricity producers Alight and Eurowind Energy.
Nedelka Kubac Advokati has successfully represented Orlen Unipetrol RPA in cassation proceedings before the Supreme Court against a judgment rendered by the Municipal Court in Prague.
CMS has advised a consortium of Czech banks including Komercni Banka, Ceska Sporitelna, UniCredit Bank Czech Republic and Slovakia, and Vseobecna Uverova Banka on a new term loan facility for NET4GAS. Dentons reportedly advised the borrower.
The Czech Chamber of Deputies is discussing a key legislative proposal, known as "Lex Plyn" (Gas Act), aimed at ensuring energy stability during the coal energy phase-out. Set to take effect in August 2025, the proposal streamlines administrative processes to attract investment in gas-fired power plants while safeguarding energy security.
