Kinstellar has successfully assisted the leading renewable energy developer BIG Mega Renewable Energy on an approximately EUR 100 million project financing with a syndicate of lenders for the construction and operation of the Văcăreni wind farm located in Tulcea County, Romania.  The financing will support the development, construction, and long-term operation of 17 wind turbines. With a total installed capacity of 102 MW, the Văcăreni wind farm represents another significant milestone in BIG Mega Renewable Energy’s commitment to advancing Romania’s transition to clean and sustainable energy. The syndicate of lenders comprised Erste Group Bank AG, Banca Comercială Română S.A., Banca Comercială Intesa Sanpaolo România S.A., and Všeobecná úverová banka, a.s., acting as original lenders, with Erste Group Bank AG acting as Facility Agent and Banca Comercială Română S.A. acting as Security Agent.  Kinstellar’s banking and finance team was led by Magdalena Răducanu (Partner, Co-Head of the firm-wide Banking & Finance service line) and Răzvan Constantinescu (Managing Associate), with support from Daria Buhuș (Associate) and Ioana Moldoveanu (Junior Associate).  Kinstellar has been advising BIG Mega Renewable Energy on its renewable energy projects in Romania since the client’s market entry and from the early development stages, including the previous financing for the development and operation of the Urleasca wind farm.

Popovici Nițu Stoica & Asociații is pleased to announce the promotion to Partner of Bianca Chiurtu, Ioana Cazacu and Ramona Pentilescu, effective as of 1 January 2026.  Bianca Chiurtu joins the partnership as a thought leader in dispute resolution. She brings over twenty years of outstanding experience in administrative and tax litigation, proven leadership in team and project management, and an unwavering commitment to fairness and professional excellence.  Ioana Cazacu has played an important role in shaping the Firm’s Employment Practice Group, contributing nearly two decades of distinguished experience in labor relations and proven leadership in managing complex workplace matters, all guided by integrity and client-focused solutions. Ramona Pentilescu has been a valued member of the team since 2011 earning a superb reputation for top-notch expertise in public to private projects, public procurement processes, and regulatory matters. Her promotion to Partner recognizes exceptional skills but also her full allegiance to the Firm’s foundational values.  “We are delighted to welcome Bianca, Ioana, and Ramona as partners.