Energy and Natural Resources
Energy and natural resources are the bedrock of the national economy. The projects in this sector are not just commercial transactions; they are high-stakes, capital-intensive endeavors that demand a unique combination of strategic foresight, commercial acumen, and legal mastery.
Our practice brings the firm’s signature “investment banking” mindset to the complex world of energy. We act primarily as strategic counsel for international investors and financial institutions deploying capital into the Romanian market. We leverage our firm’s top-tier, proven expertise in complex financing and M&A to structure, negotiate, and execute energy projects with precision.
Our focus covers the entire energy spectrum—from traditional oil & gas to the fast-growing renewable energy sector. In a market defined by constant change, we provide the rigorous, transaction-focused counsel our clients need to navigate the landscape and achieve their investment goals.
Energy and Natural Resources Highlights
- Advising the largest producer of natural gas in Romania in the successful initial public offering by the Romanian Ministry of Economy through the Romanian Department of Energy of 15% of the largest producer of natural gas in Romania shares, admission to trading on the Bucharest Stock Exchange and the simultaneous listing of global depositary receipts with respect to such shares on the first Romanian privatization to include the issue of global depositary receipts to be traded on it (€390 million);
- Advising a relevant regional energy company from Romania, the issuer, in the proposed initial public offering of 12% of SCE Oltenia shares, admission to trading on the Bucharest Stock Exchange;
- Advising in connection with the proposed acquisition of three wind farm projects developed by an investment fund in the field of renewable energies, operating in Central Europe. with a total installed power of 600 MW, the largest transaction in the Romanian wind farms sector to date;
- Advising one of the largest independent Austrian wind farm operators in relation to the competitive bid process for the sale of the project company developing a 84 MW wind project in Western Romania: seller’s due diligence, data room, drafting and negotiating transaction documents;
- Advising Astropoint Ltd in relation to the share transfer of the majority stake in the project company developing a 232 MW wind project in Dobrogea area, one of the largest wind projects on the market;
- Advising an Irish wind developer in the development process of a wind farm and acquisition of a project company with a 400 MW wind project pipeline in Schitul Duca, Iasi county;
- Advising ImWind Immobilien-Windkraft Verwaltungs-und Beteiligungs GmbH in connection with the proposed joint-venture for the development of up to 100 MW wind projects in Dobrogea area with a well-established Romanian wind farm developer;
- Advising a multinational industrial group based on metallic constructions, naval Industry and renewables & energy, on the sell side in connection with the proposed sale of up to 100% of the shares in the project company developing a 42 MW project in Babadag area (Tulcea county) by way of a competitive process with multiple bidders (data room set-up, presentation materials and awarding documentation, transaction documents, closing);
- Assisting a leading US private equity investor, in the prospective acquisition of a stake in a 300 MW wind project in Eastern Romania with respect to regulatory issues