Energy & Natural Resources Selected Credentials

Assisting a leading European renewable power company in relation to the acquisition of a Romanian company developing wind farms with capacity exceeding 200 MW

Assisting the leading Romanian oil company in relation to matters regarding the development and connection to the electricity transportation grid of a new co-generation power plant with a capacity exceeding 800 MW

Assisting a leading European power company in relation to the projects for the development of units 3 and 4 of the Cernavoda nuclear power plant (the largest energy project in Romania) and the Belene nuclear plant in Bulgaria

Assisting the leading Romanian oil company, in relation to matters regarding the development of the Brazi combined cycle power plant (the largest private power project in Romania) and the potential accession of the project to various support scheme

Representing the largest Romanian hydropower producer, in challenging a fine applied by the National Energy Regulatory Authority for the direct sale of electricity on the Hungarian market. The dispute was resolved in favour of Hidroelectrica in the first court and revolves around sophisticated issues such as the interplay between EU competition rules and the Romanian energy regulatory framework;

Assisting one of the largest local entrepreneurs in the real estate and automotive industries, with growing interest in the power sector, in relation to several regulatory aspects in the context of the development of its strategy for trading electricity produced through one of its photovoltaic plants and the corresponding green certificates (including aspects concerning the balancing rules).

Assisting a leading global renewable energy player, with securing regulatory compliance in the development of its strategy for trading the power and green certificates and securing balancing services for its 500 MW portfolio of renewable power generation projects.

Assisting world's leading integrated steel and mining company on various matters related to the liberalization and de-regulation on the natural gas market and its impact on various market stakeholders, including large industrial consumers.

Assisting and representing a leading international privately-owned energy supplier in two ICC arbitration against the State-owned entity acting as seller under a privatization agreement for the resolution of contentious matters in relation, among others, exit arrangements, compliance with corporate governance and strategy, dividend and investment policies. The first dispute had an aggregate value in excess of EUR 90 million and the award was favourable to the client in all material respects. The second dispute involved claims amounting to EUR 48 million and the award was entirely favourable to the client.