Energy
OMV Petrom And Romgaz To Invest More Than EUR750M In Onshore Infrastructure For Neptun Deep Gas
ANRE (the National Energy Regulatory Authority) has granted authorization for the construction of upstream supply pipelines for natural gas production as part of the Neptun Deep project, the...
Rezolv Energy Unveils Additional Investments Of EUR331M For Phase 2 Of VIFOR Wind Farm
Rezolv Energy, backed by investment fund Actis, through its project subsidiary First Look Solutions, announces additional investments of EUR331 million for the construction of the second pha...
OMV Petrom and NewMed Energy Sign $80M Drillship Contract for Offshore Exploration in Bulgarian Black Sea
OMV Petrom, the largest energy producer in Southeastern Europe, and NewMed Energy Balkan, a subsidiary of NewMed Energy, announce the signing of a rig contract for the drilling of two offsho...
Hidroelectrica Signs Contract With WALDEVAR Energy For Construction Of Floating Photovoltaic Power Plant
Hidroelectrica, Romania’s largest green energy producer, on July 21 announced the signing of a contract with WALDEVAR Energy for the floating photovoltaic panel system – pilot project Nufaru...
ENGIE Romania Gets EUR90M Loan From EBRD For New Renewable Energy Projects
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy in Romania with a EUR90 million loan to ENGIE Romania, one of the country’s leadin...
Antitrust Body Looks Into Planned Acquisition Of Three Wind Power Plants By Energy Distribution Services
Romania's Competition Council is analyzing the transaction through which Energy Distribution Services SRL plans to acquire three wind power plants held by the companies Ground Investment Cor...
Belgium’s Aukera Goes Ahead With Planned 1GW Of Green Power In Romania, Has 2GW Of Storage In The Works
Belgium’s Aukera announced at the end of 2021 its intention to reach a green energy portfolio of 1 GW in Romania. Now, 250 MW are in the construction start phase. Aukera says it will also ad...
Clifford Chance Advised Electrica On EUR500M Green Bond Issue On External Markets
A multi-jurisdictional legal team from the Clifford Chance Bucharest and London offices, coordinated by Partners Madalina Rachieru-Postolache and Kate Vyvyan, advised electricity supplier, d...
Filip & Company Advised Bank Syndicate Involved In Electrica’s First Green Bond Issue
Law firm Filip & Company advised the syndicate including Banca Comerciala Romana S.A, BNP Paribas, Citigroup Global Markets Europe AG, ING Bank N.V., JP Morgan SE, Raiffeisen Bank Internatio...