Clifford Chance Badea has advised Premier Energy on its IPO and listing on the Bucharest Stock Exchange amounting to approximately RON 700 million. Dentons advised the bookrunners. Moldova's Turcan Cazac and Cyprus' Chrysses Demetriades & Co reportedly advised the bookrunners as well.
Citigroup Global Markets Europe, UniCredit Bank, and Wood & Company were the joint global coordinators, while Alpha Bank Romania and BT Capital Partners were the joint bookrunners.
Premier Energy is a natural gas supplier and distributor in Romania, an electricity distributor in Moldova, and a renewable energy player in both, with over 1,000 megawatts under ownership, management, or development.
The Clifford Chance team included Bucharest-based Partner Madalina Rachieru-Postolache, Senior Associates Ecaterina Burlacu and Diana Borcean, Lawyers Martha Busuiocescu, Filip Marinau, and Georgiana Cupas, and Associate Nicolae Grasu, with further team members in Frankfurt and London.
The Dentons team included Partners Loredana Chitu, Claudiu Munteanu-Jipescu, Liviu Togan, Raul Mihu, and Bogdan Papandopol, Counsels Elena Vlasceanu, Argentina Rafail, Andrei Orbesteanu, and Cristina Marcu, Senior Associates Angelica Pintilie, Andreea Predescu, Luiza Onofrei, Stefi Ionescu, Simona Moisa, and Isabela Gheorghe, Associates Alin Roca, Alin Dimache, Alexandra Sofineti, Iulia Titirisca, and Diana Ceparu, and Paralegals Andrei Marinescu and Stefan Sundere.
Editor's Note: After this article was published, Turcan Cazac confirmed its involvement in the deal. The firm's team included Partners Ana Galus, Iulia Furtuna, Mariana Stratan, Octavian Cazac, and Vadim Taigorba, Senior Associates Alexander Tuceac and Olga Saveliev, and Associate Vasile Gavrilita.
