Energy/Natural Resources

Closing: MOL, Lotos, and Orlen Petrol Station Transactions Now Closed

On December 1, 2022, SMM Legal announced that MOL's acquisition of Lotos Paliwa (reported by CEE Legal Matters on February 2, 2022) had closed. Subsequently, Baker McKenzie announced that Orlen Unipetrol's acquisition of Hungarian petrol stations from MOL (reported by CEE Legal Matters on February 1, 2022) had closed as well.

SSW Advises Jeronimo Martins on PPA with GoldenPeaks Capital

SSW Pragmatic Solutions has advised Jeronimo Martins on a long-term power purchase agreement with GoldenPeaks Capital.

Cobalt Advises on Sale of VKG Soojus to Gren

Cobalt has advised district heating network company VKG Soojus on its sale to Gren.

Lambadarios Advises Fotowatio Renewable Ventures on Greek Battery Storage Platform Acquisition

The Lambadarios Law Firm, working with Bracewell, has advised Fotowatio Renewable Ventures on its acquisition of the majority stake in a 600-megawatt battery storage platform in Greece.

SSW Advises Photon Energy on Acquisition of Shares in Lerta

SSW Pragmatic Solutions has advised the Photon Energy Group on the increase of its stake in Lerta from 24.27% to 56.75% through an acquisition from PGE Ventures, Newberg, and the ASI Valuetech Seed Fund for approximately EUR 6.9 million.

Cobalt Advises Neo Performance Materials on Manufacturing Plant Development in Estonia

Cobalt has advised Neo Performance Materials – the parent company of NPM Silmet OU – on establishing a sintered rare-earth magnet manufacturing facility in Estonia.