Nyerges & Partners has advised Renalfa IPP on the acquisition of a 258-megawatt-alternating-current solar photovoltaic project in Teleorman, Romania from Mihnea Ioan Olariu, Vlad Tudorie, and Mihnea Mihalache. Adesman & Asociatii advised the sellers.
Renalfa IPP is a Vienna-based developer and independent power producer formed as a joint venture between Renalfa Solarpro Group and the French infrastructure fund manager Rgreen Invest. According to Nyerges & Partners, the project is expected to be further expanded by integrating a 1000-megawatt-hours battery energy storage system.
The Nyerges & Partners team included Managing Partner Mihaela Nyerges, Managing Associates Monica Cune-Ghirescu and Mihaela Spiridon, Senior Associate Larisa Nicolae, Associate Adina Tanasoiu, and Junior Associates Paraschiv Sandu and Radu Dancau.
The Adesman & Asociatii team included Managing Partner Diana Adesman and Managing Associate Oana Sinca.