Schoenherr advised Enery on signing a EUR 214.45m bank loan facility with UniCredit Bank, Banca Comercială Română and Erste Group Bank AG as Original Lenders and Mandated Lead Arrangers. BCR and UniCredit acted as Joint Coordinators and Bookrunners, while UniCredit was nominated as Documentation Agent and BCR was nominated as ESG Coordinator, Security and Facility Agent.

Nyerges & Partners has successfully advised KER Toki Power Romania, a subsidiary of the Vienna-based clean energy and e-mobility investment group Renalfa, in obtaining its electricity supply license from the Romanian Energy Regulatory Authority (ANRE). 

Renovatio Trading has embarked on an ambitious energy storage project aimed at enhancing the country’s energy resilience and sustainability. The project in Toplița, Harghita County, is supported by funding through Romania’s National Recovery and Resilience Plan (PNRR), under Component C6 for Energy. 

The Romanian Constitutional Court declared unconstitutional the provisions in Government Emergency Ordinance No. 27/2022 that imposed additional taxes on renewable energy production. This decision follows a surge of lawsuits in administrative courts, where affected companies challenged the legality of over-taxation on constitutional grounds.

Article by Andreea Caragui, Glodeanu&Partners We have officially entered the Contracts for Difference (CfD) season. 

Deloitte Romania assisted OMV Petrom in the acquisition of several photovoltaic park projects to be developed in Teleorman county from the Danish company Jantzen Renewables. The transaction, signed in June 2023, was recently completed, following approval from the Commission for the Examination of Foreign Direct Investments.

POLYTRADE GLOBAL has signed two Engineering, Procurement, and Construction contracts for solar projects in Romania, underlining its commitment to renewable energy and infrastructure development in the country.

On October 29-30, 2024, Bucharest will host the Power Shift Summit, organized by the Romanian Wind and Photovoltaic Associations (RWEA & RPIA).