CMS has advised a syndicate of banks led by ING Bank on the adjustment to the loan repayment terms under the USD 450 million pre-export facility for Ukraine’s Kernel Group. Allen & Overy reportedly advised Natixis, one of Kernel Group's creditors. White & Case reportedly advised the Kernel Group.
Vlasceanu & Partners and Wolf Theiss Advise on Raiffeisen EUR 60 Million Financing for Ratesti Solar Plant
Vlasceanu & Partners and Wolf Theiss have advised the Ratesti Solar Plant – an Econergy group and Nofar group subsidiary – on the EUR 60 million financing from Raiffeisen Bank International and Raiffeisen Bank Romania to finance part of its EUR 102 million 155-megawatt solar project in Ratesti, Romania. CMS reportedly advised Raiffeisen Bank.
Ilej & Partners, MPRR, Dentons, and White & Case Advise on EUR 60 Million EBRD Investment for 28.3% Stake in M Plus Croatia
Ilej & Partners, in cooperation with Karanovic & Partners, and Dentons have advised the EBRD on its agreement with Croatia’s Mplus Group regarding a EUR 60 million investment for a 28.3% stake in M Plus Croatia. Mamic Peric Reberski Rimac and White & Case advised the Mplus Group, including M Plus Croatia and its majority shareholder Meritus Ulaganja.
Serbian Health Insurance Law Amendments Seek To Curb Sick Leave Abuses
Legislation proposes to roll back rules to prevent employees misusing leave entitlement.
Norton Rose Fulbright and Greenberg Traurig Advise on PLN 800 Million Financing for Polsat Plus Wind Farm
Norton Rose Fulbright has advised a consortium including PKO Bank Polski, Bank Gospodarstwa Krajowego, mBank, and Santander Bank Polska on their PLN 800 million financing for the construction of a 72.6-megawatt wind farm. Greenberg Traurig advised the project's sponsor, the Polsat Plus Group.
Ellex and Walless Advise on EBRD EUR 15 Million Loan to Lithuanian Recycled Plastic Producer ECSO
Ellex Valiunas has advised the EBRD on its EUR 15 million loan to ECSO. Walless advised the borrower.
North Macedonia’s Coal Exit: EBRD and World Bank Support a 3 Billion Euro Initiative to End Coal Dependency in North Macedonia
The European Bank for Reconstruction and Development (“EBRD”) and the World Bank are among the international financial institutions spearheading a 3-billion-euro plan to wean North Macedonia off its reliance on coal. The “Just Energy Transition Investment Program” (JET-P) plan follows the footsteps of several other countries in efforts to retire coal power plants, with the joint support of the government, as well as public lenders and private investors.