Andras Nemeth Joins Audax Renewables as Senior Legal Counsel

Andras Nemeth Joins Audax Renewables as Senior Legal Counsel

Hungary
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Andras Nemeth has joined Audax Renewables Hungary as a Senior Legal Counsel.

Nemeth joins from Paks II. Nuclear Power Plant where he was the Head of the International Legal Department since November 2017. Before that, he was a Senior Legal Counsel (Team Leader) - Generation, Trading, and Sales with E.ON Hungaria between May 2016 and October 2017. Earlier still he worked for GDF Suez Energy Europe in Hungary, first as a Legal Advisor between June 2013 and March 2015 and then as a Senior Legal Counsel between April 2015 and March 2016. 

Between November 2007 and May 2013, he was an Attorney at Law with Budapest Law Firm No. 5000, preceded by working as a Legal Advisor with UPC between 2006 and 2007 and as a Trainee Attorney with Baker McKenzie between 2002 and 2004 and between 2005 and 2006.

"Having been working for four years on a truly international and ‘mega’ project, I am really looking forward to getting back into the energy trading business, where the ever-changing market environment and the regulation, be it domestic or international, always keep a corporate lawyer busy," commented Nemeth. "Add to that the current market fluctuation, I believe that I will have little downtime. Finally, Audax is an ‘old-new’ player on the Hungarian market, meaning that even it has been on the competitive market basically since the beginning, being taken over by a new owner – and leaving the E.ON group – means that a fully functioning market player need to be set – or rather beefed-up, including creating an internal legal function. These are the challenges I am looking forward to and hoping to tackle."

Originally reported by CEE In-House Matters.