CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
To bolster Europe’s clean energy transition, the European Commission has recently announced a EUR 4.6 billion investment. This funding aims to advance net-zero technologies, electric vehicle (EV) battery cell manufacturing, and renewable hydrogen production. This initiative marks a pivotal step in the EU’s commitment to achieving climate neutrality by 2050.
Nyerges & Partners has advised KER Toki on obtaining an electricity supply license from the Romanian Energy Regulatory Authority.
Schoenherr has advised Siemens Energy Holding on the acquisition of a 76% stake in Slovenia-based Gridpulse from Mosdorfer and C&G Skupina Investiranje in Svetovanje. Advant Beiten reportedly advised the sellers.
Greece’s renewable energy sector has been experiencing a surge in activity, according to Junior Partner Prokopis Linardos. Prokopis discusses the rise of corporate PPAs, the impact of streamlined licensing processes, and the growing focus on energy storage and offshore wind projects while reflecting on the country’s ambitious decarbonization targets and what the future holds for the sector.
Lambadarios has advised Piraeus Bank on the EUR 620 million financing of a Terna Energy pumped hydro storage station in the municipality of Amfilochia, Western Greece. Marinos | Petroulias & Partners reportedly advised Terna Energy.
Sayenko Kharenko has advised PJSC Ukrnafta on its acquisition of a 51% stake in Alliance Holding, which owns a network of 118 Shell-branded gas stations across Ukraine.
On December 6, 2024, Kinstellar announced that UEG's acquisition of the 250-megawatt Simeonovgrad-Polyanovo PV project (as reported by CEE Legal Matters on April 10, 2024) has now closed.
