Vlasceanu & Partners has advised TDI Renewables on the EUR 25.5 million financing provided by Raiffeisen Bank International AG for the development of the Iratosu solar project in Arad County, Romania.

RTPR has advised Enterprise Investors, one of the largest private equity funds in Central and Eastern Europe, and its portfolio company 18GYM in relation to its investment in Stay Fit Gym.

Clifford Chance Badea advised RNV Infrastructure SRL, part of the Renovatio Group, on the sale of its entire stake in Spark Terminal SRL, the developer of a standalone battery energy storage system (BESS) project with an installed capacity of 153 MW to SANY International Industrial Co. PTE LTD (Singapore).

Reff & Associates | Deloitte Legal secures before the Bucharest Court of Appeal the annulment of the largest fine ever imposed in the EU for an alleged energy market manipulation, amounting to approximately EUR 73 million.

Wolf Theiss has advised DTEK Renewables International B.V., a leading investor and operator in the renewable energy sector across Romania and the EU, on the refinancing of a EUR 50.6 million senior construction bridge facility for a 60 MW wind farm located in Ruginoasa, Iaşi County, Romania.

Dentons has advised NEPI Rockcastle on a €250 million bilateral green loan provided by the European Bank for Reconstruction and Development to NE Property B.V., a subsidiary of NEPI Rockcastle.

What boards, general counsel, and foreign investors need to understand about how Romanian law treats the company itself as a defendant and why the rules are about to tighten.

CMS advised Poland's Zakłady Farmaceutyczne Polpharma S.A. (Polpharma), the largest Polish pharmaceutical manufacturer, on its acquisition of BIOFARM S.A., one of Romania's longest-established pharmaceutical companies and a listed issuer on the Bucharest Stock Exchange.