ZRP
Tuca Zbarcea & Asociatii

Clifford Chance advises Actis on the launch of Rezolv Energy and Rezolv’s 450 MW onshore wind transaction marking its entry into Romania

16 Septembrie 2022   |   BizLawyer

This is a landmark clean energy transaction for the region demonstrating Clifford Chance's ability to combine our market-leading position as advisor to global investors in renewable energy platforms and our local expertise as the only leading international law firm with a fully integrated office in Romania.

 
 
International law firm Clifford Chance has advised Actis, a leading global investor in sustainable infrastructure, on the launch of its portfolio business Rezolv Energy, an independent clean energy, power producer into Central and South Eastern Europe. This launch was marked by Rezolv Energy's acquisition of a majority interest in the Vis Viva onshore wind project in Romania, from UK-based investment company Low Carbon.

Rezolv aims to build a multi-gigawatt portfolio of wind, solar and energy storage projects. This will help companies and countries across the region meet their energy needs in response to energy security challenges and climate policies. It will take renewable energy projects from late-stage development through construction and into long-term operation.


Rezolv has partnered with Low Carbon to complete the acquisition of a 51 percent interest in the 450MW Vis Viva onshore wind project in Buzau County, Romania. Once operational, Vis Viva will be one of the largest onshore wind farms anywhere in Europe, with the capacity to generate sufficient clean energy to power more than 272,000 homes and avoid approximately 180,000 tonnes of CO2e each year. It will play a major role in accelerating the transition away from fossil fuels in Romania, whilst providing long-term, stably priced electricity to commercial and industrial consumers across the region.

This is a landmark clean energy transaction for the region demonstrating Clifford Chance's ability to combine our market-leading position as advisor to global investors in renewable energy platforms and our local expertise as the only leading international law firm with a fully integrated office in Romania.  


The cross-border Clifford Chance team was led by London clean energy M&A partners Nicholas Hughes and Jonathan Dillon alongside Nadia Badea (Partner, Bucharest) and Loredana Ralea (Counsel, Bucharest) with support from Alex Bouwman (Senior Associate, London), Alexandra Voicu (Senior Associate, Bucharest), Lavinia Dinoci (Senior Associate, Bucharest), Ecaterina Burlacu (Senior Associate, Bucharest), Andrei Caloian (Senior Associate, Bucharest), Carmen Buzenche (Lawyer, Bucharest), Michal Jašek (Counsel, Prague), and Tomáš Procházka (Associate, Prague).

Nadia Badea, partner and coordinator of the Bucharest M&A practice: "We are glad to be advising Actis, a global partner with whom we have a close working relationship, in its first transaction in Romania and one of the very large transactions in the region in this field. In recent years, our office has consolidated a solid practice of conventional and renewable Energy projects, in all practice areas, advising global funds as well as regional funds, banks or developers who are interested in investing and supporting the energy and sustainable infrastructure field. The successful closing of this transaction also confirms Romania's potential in the field of energy, including renewable energy. We hope to soon be able to announce the closing of other significant energy transactions that we are currently working on."

Loredana Ralea, counsel with the Bucharest M&A practice: "This was one of the most interesting and extensive renewable energy projects we are working on in Romania. Our team's expertise in such complex transactions and in-depth understanding of the technical and regulatory aspects were essential to the successful closing of the transaction. Also, we are honoured to make our contribution to the development of this effervescent industry, because we thus have the chance to support, alongside our clients, the global effort for a sustainable future".

Cifford Chance Badea's portfolio in the field of renewable energy includes representative acquisitions or development mandates (both M&A and financing) targeting medium and large projects in Romania.

Recent public transactions include:
•    Advising Enel Green Power Romania in a transaction regarding the acquisition of two solar farms in South Eastern Romania from the Greek group Mytilineos, with a combined installed power of almost 90 MW;
•    Advising an Israeli investor in energy projects on the due diligence related to the envisaged development of a solar project in Romania with more than 65 MW;
•    Advising Nordic Trustee in relation to a green bond issue by Alternus Energy, used to finance the acquisition of solar parks in Romania;
•    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 a major European utility company as bidder for the acquisition of a renewable energy company with worldwide assets, including in Romania;
•    Advising Premier Energy for the indirect acquisition of two electricity distribution companies in Moldova.

 
 

PNSA

 
 

ARTICOLE PE ACEEASI TEMA

ARTICOLE DE ACELASI AUTOR


 

Ascunde Reclama
 
 

POSTEAZA UN COMENTARIU


Nume *
Email (nu va fi publicat) *
Comentariu *
Cod de securitate*







* campuri obligatorii


Articol 963 / 4555
 

Ascunde Reclama
 
BREAKING NEWS
ESENTIAL
Lexology Energy Rankings 2025 | Cine sunt avocații români care s-au remarcat într-o practică devenită, în ultimii ani, un adevărat laborator de inovație juridică: ZRVP, CMS, TZA și NNDKP au o amprentă bine conturată în Oil & Gas. NNDKP strălucește și în Power & Electricity, unde se remarcă și Kinstellar, dar și în Renewables
ANALIZĂ | Gabriel Resources a deschis o procedură de anulare a hotărârii ICSID prin care Tribunalul arbitral a respins cererea de peste 3 mld. USD privind controversatul proiect minier de la Roșia Montană, iar România a răspuns cu un Contramemoriu care demontează acuzațiile și atacă frontal strategia reclamanților. Dacă statul ar pierde, impactul ar fi devastator pentru finanțele publice și ar compromite rezultatele măsurilor pe care guvernul Bolojan încearcă să le implementeze
CMS | Join Our Team: Tax Consultant - Tax Department
Ana-Maria Baciu, avocatul din România cu cele mai multe nominalizări la gala Legal 500 CEE Awards 2025: Intellectual Property Lawyer of the Year, Romania Lawyer of the Year și CEE Partner of the Year. Astfel de validări contribuie nu doar la consolidarea brandului său personal, ci și la repoziționarea avocaturii de business din România ca un partener credibil, capabil să ofere consultanță sofisticată clienților internaționali
Filip & Company a asistat statul român prin Ministerul Finanțelor în contractarea unor plasamente private sub forma de împrumuturi în valoare de peste 2 miliarde de euro | Echipa, coordonată de Alexandra Manciulea (partener)
Ce case de avocatură se bat pentru titlul de Law Firm of the Year în România la gala Benchmark Litigation Europe Awards 2025 | Sorina Olaru, Octavian Popescu, Dan Cristea și Cosmin Vasile, printre avocații aflați pe lista scurtă pentru titlul de titlul de Litigator of the Year. Emil Bivolaru (partener NNDKP), nominalizat și la categoria Central & Eastern Europe Litigator of the Year
Finanțele caută avocați pentru litigii arbitrale investiționale internaționale judecate potrivit regulilor de arbitraj UNCITRAL și ICSID | Acorduri-cadru de reprezentare juridică a României semnate, pentru 4 ani, cu cel mult 4 firme pentru fiecare lot
LegiTeam: Lawyer - Dispute Resolution and Employment | GNP Guia Naghi and Partners
ITR EMEA Tax Awards 2025 | Băncilă Diaconu și Asociații, Popescu & Asociații, CMS și Schoenherr concurează pentru titlul ”Firma anului în România în domeniul taxelor”. Popescu & Asociații are două nominalizări în jurisdicția locală și este, alături de NNDKP, pe lista scurtă pentru distincția ”Firma anului în dispute fiscale”. TZA, printre finaliste în competitia pentru ”Transfer Pricing Firm of the Year”
Bondoc & Asociații acordă asistență pentru 5 proiecte eoliene și solare în cadrul celei de-a doua licitații CfD din România | Echipa a fost coordonată de Cosmin Stăvaru (Partener), susținut de Raluca Catargiu (Senior Associate)
Bulboacă & Asociatii caută un Avocat Colaborator pentru Echipa de Tranzacții de Elită (Corporate ̸ M&A)
Bulboacă & Asociatii caută avocați apecializați în Drept Bancar & Finanțări | Practica Noastră de Referinţă
 
Citeste pe SeeNews Digital Network
  • BizBanker

  • BizLeader

      in curand...
  • SeeNews

    in curand...