CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On 9 September, the Ministry of Finance of Ukraine officially published Order No. 380 dated 1 August 2024, which introduces significant changes to the regulation of customs clearance of biomethane by pipeline. From now on, Ukrainian biomethane producers will be able to export biomethane to the European Union via the Ukrainian gas transmission system through interstate interconnection points with four EU countries.
Norton Rose Fulbright has advised mBank on the financing for the construction of a 52-megawatt solar PV portfolio sponsored by PVE Group. Rymarz Zdort Maruta advised the PVE Group. EFK Legal reportedly advised PVE Group shareholders.
In Estonia, the push toward renewable energy, particularly offshore projects, is gaining momentum, with recent developments in grid connections and government support schemes, according to Njord Partner Triinu Hiob who also reports on tax changes and judicial reforms on the horizon.
Deloitte Legal has advised Grenevia on a PLN 850 million financing transaction via a loan agreement with a consortium of Bank Pekao, PKO Bank Polski, and BNP Paribas banks. Dentons advised the banks.
Wolf Theiss, working with Jeantet, has advised Ancala on the acquisition of Elektrana Grubisno Polje from Akuo Energy. Divjak, Topic, Bahtijarevic & Krka reportedly advised Akuo Energy.
Clifford Chance has advised the lenders on the refinancing and financing of wind farms in Banie and Ilawa owned by the Energix group. WKB Wiercinski Kwiecinski Baehr reportedly advised Energix.
Avellum has advised DTEK Renewables Finance on a successful consent solicitation in relation to its EUR 325 million 8.50% senior notes due 2024.
