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Cobalt has successfully represented biogas power plants Ziedi JP, AD Biogazes Stacija, Bio Future, Gas Stream, Conatus Bioenergy, International Investments, Agro Lecava, RZS Energo, and Macibu un Petijumu Staimnieciba Vecauce before Latvia’s Constitutional Court in a dispute related to specific requirements for the efficient use of thermal energy under mandatory procurement.

CMS has advised a company from the SINO-CEEF group on the construction and sale of a 51-megawatt photovoltaic power plant portfolio in Poland to a consortium of two Chinese investors. B2RLaw, working with King & Wood Mallesons, advised the unidentified buyers on their acquisition.

Herbst Kinsky, working with Norton Rose Fulbright, has advised Treis on the sale of Cycleenergy Holding to an Austrian investor group consisting of Invest AG, Industrieliegenschaftenverwaltung, and the company’s management team.

Norton Rose Fulbright has advised Gaz-System's senior lenders on the arrangements for Gaz-System's new PLN 1 billion subordinated loan from the Polish Development Fund. Allen & Overy advised Gaz-System. Clifford Chance advised the European Investment Bank. Linklaters reportedly advised the Polish Development Fund.

ESG initiatives are rapidly becoming the status quo in the business world. Most corporations have some kind of sustainability measures in place in at least one of the three pillars – environmental, social, or governance. The majority of businesses in Bulgaria currently implement ESG projects voluntarily, indicating that stakeholders are not legally required to, for instance, incorporate climate mitigation and social responsibility initiatives into their organizations. But ESG trends aren’t going unnoticed by the regulators and ESG is gradually transforming into a compliance matter. However, beyond compliance, ESG lays the foundation for a competitive corporate strategy, positive climate action, and the discovery of new business opportunities.

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