Kinstellar has advised BIG Mega Renewable Energy on a EUR 92 million financing agreement with the European Bank for Reconstruction and Development and OTP Bank to build and operate the 102-megawatt Urleasca wind farm in Braila county, Romania. Clifford Chance reportedly advised the banks.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

CMS Croatia Partner Marija Musec and CMS Poland Partner Lukasz Szatkowski discuss electricity storage regulatory developments and the unique challenges faced by stakeholders in the CEE energy market.

Kyriakides Georgopoulos has advised Lightsource BP on the financing-related land and regulatory due diligence of a PV project in Greece with a capacity of 560 megawatts and a budget of EUR 395.15 million in the areas of Larissa and Fthiotida.

CMS has advised gas transmission system operator GAZ-System in the process of selecting a supplier and executing a floating regasification unit chartering agreement with White Eagle Energy. Reportedly, Mayer Brown advised Mitsui.

Nedelka Kubac Advokati has successfully represented Klement in an energy construction bid rigging case before the Slovak Competition Authority.