Clifford Chance Badea expands its team by co-opting Eleonora Udroiu, a lawyer specialized in Competition and Energy Law

Eleonora Udroiu, a lawyer with almost 18 years of experience, joins the Clifford Chance Badea team, and will coordinate competition and energy law projects in the M&A practice led by partner Nadia Badea.

Throughout her career, Eleonora has been involved in complex cases of economic mergers and antitrust investigations, both at national and European level. At the same time, she has advised important players in the energy industry on key regulatory issues in the electricity and natural gas sectors.

"Recently, we have been involved in many large and complex deals in conventional and renewable energy, as well as antitrust (investigations and notifications of economic concentrations to competition authorities). The Bucharest office is fully integrated into the global Clifford Chance network, and our team works on large-scale transactions, often with regional or international reach. In this context, the international experience of our lawyers is important," says Nadia Badea, partner. "Eleonora joins our team at this time of growth and consolidation and I am confident that her experience will add value and substance in an economic context in which regulatory issues are becoming increasingly complex and important."

Eleonora Udroiu adds: “I am very happy to begin a new professional chapter with such a prestigious firm, one of the largest in the world. It is definitely an opportunity to be involved in interesting and large-scale projects, together with a very dynamic and dedicated team."

Nora graduated from the Faculty of Law of the University of Bucharest and the Collège Juridique Franco-Roumain d’Études Européennes in 2001. Subsequently, she attended l’Ecole Nationale d’Administration (ENA) in Strasbourg and Paris. She has been a member of the Bucharest Bar since 2004.

Clifford Chance Badea' portfolio includes some of the most important local and regional projects, advising multinational companies, investment funds and global financial institutions on complex projects such as mergers and acquisitions, economic concentration notifications and antitrust investigations, commercial law or employment law. The company is often the first option for legal advice provided to the most important and active private equity funds in Romania and in the region.

The recent portfolio includes, among others, important deals in strategic industries such as Energy, Banking & Finance or Pharma:
•    Advising Enel Green Power Romania in a transaction that involved the acquisition of two solar farms in South-Eastern Romania from Greek group Mytilineos - a 63MW ready-to-build solar farm and a 26MW solar farm under development;
•    Advising an international power company as bidder for the acquisition of the Romanian assets of CEZ group, including operations in electricity distribution, electricity and gas supply, as well as renewable energy production;
•    Advising Crédit Agricole on the sale of its operations in Romania to Vista Bank, including throughout the process of notifying the deal at the Competition Council, which approved it in April 2021;
•    Advising Kingspan on the acquisition of TeraPlast Group's steel division in Romania and Serbia;
•    Advising Premier Energy on the indirect acquisition of two electricity distribution companies in Moldova;
•    Advising an important European utilities company as bidder for the acquisition of a renewable energy business with assets worldwide, including in Romania;
•    Advising Pfizer on local aspects of its global spin-off and combination of its generics business Upjohn with Mylan;
•    Advising Nordic Trustee in relation to a green bond issue by Alternus Energy, used to finance the acquisition of solar parks in Romania.