The deal, estimated at almost EUR2 billion, will be implemented in the next three years, according to the officials of CMS international law firm, which assisted PPC in the signing of the agreement.

In the wake of the deal, PPC will acquire renewable energy projects in three new countries and will expand its presence in Romania, with Mytilineos set to handle the development and construction of projects that will be bought by PPC.

Horea Popescu and Mircea Moraru, CMS Romania, coordinated the team that assisted PPC, with the support of Veliko Savov of CMS Bulgaria team.

(English version by Catalina Apostoiu)