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Clifford Chance Advises Nofar Energy on Acquisition of Aviv Renewable Investment

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Clifford Chance has advised Nofar Energy on the acquisition of Aviv Renewable Investment.

Nofar Energy is a renewable energy investor in Romania.

Aviv Renewable Investment is a project company developing a 160-megawatt photovoltaic park in Giurgiu County, Romania.

According to Clifford Chance, “the project is adjacent to another solar plant that Nofar Energy has previously bought from the same seller.”

Earlier in 2024, Clifford Chance advised Nofar Energy Romania on contracts with AJ Construction for a photovoltaic park (as reported by CEE Legal Matters on June 11, 2024) as well as on EPC and O&M agreements with CRJ Renewables (as reported by CEE Legal Matters on March 22, 2024).

The Clifford Chance team included Partner Nadia Badea, Counsel Loredana Ralea, Senior Associates Radu Costin, Lavinia Dinoci, Carmen Buzenche, and Diana Borcean, and Associate Roxana Barboi.

Clifford Chance did not respond to our inquiry on the matter.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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