The project entails the construction and operation of three photovoltaic parks with a total nameplate capacity of nearly 190 MW and is Scatec’s first investment on the Romanian market.
The development is being carried out in partnership with DEFIC Globe Enerji, an Istanbul-based company active in the development of renewable energy projects in the region.
The multi-jurisdictional Clifford Chance team that assisted the lenders on financing and due diligence aspects was supervised by a core team consisting of Partner Andreea Sisman and Partner Anna Thwaites, Gabriel Toma (counsel), Adelina Seserman (senior associate), Carmen Buzenche (senior associate), Diana Borcean (senior associate), Georgiana Cupas (attorney) and Jeffrey Arthur (associate).
(English version by Loredana Fratila-Cristescu)