Projects

Our Bucharest project finance team has an impressive track record of advising sponsors, lenders and governments on projects in Romania. As a result of these transactions, we have a good and up-to-date understanding, from a legal and commercial perspective, of how complex projects are structured, financed and implemented.

Our projects practice has won an enviable reputation in recent years for its work in financing and for advising on corporate and regulatory matters.

We have been involved in all stages of project development, from tendering through to refinancing and disposal. In the process we have gained a thorough understanding of the unique challenges commercial organisations face and of the innovative solutions developed to address them.

Transactions

Government of Moldova, the Moldovan local authorities and an international financial institution on implementing the first regional PPP of the water services in the Northern area of Republic of Moldova
China Huadian Engineering, part of the China Huadian Corporation on their bid in the acquisition of a majority stake in Hidro Tarnita SA, the first pumped storage hydro power plant in Romania and one of the few pumped storage hydro power plants in Eastern Europe
Two international financial institutions on a EUR 188 million project financing which comprises several loans, part of which syndicated by commercial banks, to two Romanian companies controlled by EDP Renováveis, a global leader in the renewable energy sector, to finance the construction and operation of two wind farms, Cernavoda and Pestera, located in Dobrogea having a total installed capacity of 228 MW
Unicredit Bank Austria and Intesa Sanpaolo Bank Ireland on the EUR 85 million secured financing extended to a Romanian subsidiary of Samsung C&T Corporation for the development of a 45 MW photovoltaic park located in the County of Giurgiu
Sberbank Slovensko on several project financings extended to Romanian companies controlled by Slovak investors to finance the construction and operation of several photovoltaic plants in Romania
An international financial institution, Erste Group Bank, Banca Comerciala Romana and Eksport Kredit Fonden on the EUR 125 million project financing extended to Crucea Wind Farm, the Romanian subsidiary of STEAG GmbH, a leading German power producer, to finance the construction and operation of the 108 MW Crucea North wind farm located in Dobrogea
Two international financial institutions on the EUR 30 million project financing extended to six Romanian subsidiaries of EDP Renováveis, a global leader in the renewable energy sector, to finance the construction and operation of six solar photovoltaic parks totalling 50 MW in the southern Romanian region of Oltenia
China Huadian Engineering, part of the China Huadian Corporation on the joint venture with Complexul Energetic Oltenia, the largest coalfired electricity producer in Romania, for the construction and operation of a 600MWh power plant, this would be the first coal-fired power plant project built in Romania in the last 25 years
An international financial institution, Unicredit Bank Austria and Erste Group Bank on a EUR 50 million project financing extended to a Romanian company controlled by EDP Renováveis, a global leader in the renewable energy sector, to finance the construction and operation of two wind farms, Vutcani and Sarichioi Wind Farms located in Vaslui and Tulcea counties, having a total installed capacity of 57 MW
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Recognition

  • The collaboration was outstanding and very professional. They anticipated our needs and proposed solutions.
    IFLR1000 2020, Project finance
  • Clients appreciate the team's co-operation: “It is a huge asset to have legal experts who know the sector.
    Chambers Europe 2017, Projects
  • Experienced team with a good understanding of our requirements as a client.
    Chambers Europe 2016, Projects

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