Kinstellar’s Bucharest office has advised ERBD on the EUR 57 million loan for the development of the Topolog-Dorobantu wind park in the South–East of Romania.
The 84 MW wind farm in Tulcea county will be built by LUKERG Renew, a joint venture between Italy's ERG Renew and Russia's LUKOIL-Ecoenergo, will include 42 Vestas V90 2 MW wind turbines, and is expected to generate more than 200 GWh of electricity per year. This is the eighth wind farm project that the EBRD has financed in Romania.
The Kinstellar team was led by Partner and Head of the Banking practice Bogdan Bibicu, assisted by a multi-practice team consisting of Partner and Head of the Energy Practice Stefan Botezatu, Senior Associate Catalin Georgescu, and Associates Amalia DeLigenza, Larisa Gabudeanu, Smaranda Vacaru, and Vlad Cordea.