CMS has advised Green Energy Market on a 10-year market coordinator license from the Energy and Water Regulatory Commission of Bulgaria.

Nyerges & Partners has advised R.Power Renewables on an 11-year physical power purchase agreement for the full output of four solar photovoltaic projects developed in Romania.

Vulic Law has advised Mediolanum Invest JSC on the acquisition of Koncern Farmakom–Lece Mine in Serbia for approximately EUR 35 million.

The long-awaited amendment to the Czech Energy Act, known as “Lex OZE III”, has officially been passed by the Parliament. While it introduces significant and predominantly positive changes to the clean and renewable energy sector, it has also sparked considerable controversy. The proclaimed objective of the legislation is to accelerate the transition to sustainable energy while addressing regulatory and market challenges. Nevertheless, it lags behind the technical and commercial realities of the European market; it implements a European directive that the Czech Republic should have adopted over four years ago.

Dentons has advised the Green Assets Division of MET Group on the acquisition of an 80-megawatt photovoltaic project in Rascaeti, Dambovita County, Romania, from Austrian solar power developer Kraftfeld Energy. Vlasceanu & Partners advised Kraftfeld Energy.

Cobalt has advised Stargate Hydrogen on its EUR 11 million series A funding round that saw the participation of Giga and UG Investments as well as SmartCap Green Fund. Ellex advised SmartCap.