Clifford Chance Badea advises Renovatio Group in the sale of a PV park and storage to the Greek group GEK TERNA

Renovatio is one of the most dynamic players in the energy industry, having developed and implemented projects in Romania and other jurisdictions totalling over 3,000 MW of renewable energy. 

GEK TERNA is the largest infrastructure company in Greece and a European leader, with activities in construction, energy, real estate, and concessions. The acquisition of the solar park in Satu Mare is part of the recently announced strategy to expand into the Romanian market.

Clifford Chance Badea advised on this transaction with a team including Nadia Badea (Partner), Loredana Ralea (Partner), Radu Costin (Counsel), and Diana Borcean (Senior Associate). 

Nadia Badea, Partner, says: "We are honoured to work again with the Renovatio team, one of the leaders in the Romanian energy industry, which has built a valuable international reputation. We congratulate the GEK TERNA group on this strategic acquisition, which strengthens its position locally, while also sending an important signal of confidence in the quality and potential of the Romanian energy market."

Loredana Ralea adds: "The year 2026 begins with the closing of another important transaction for the Romanian renewable energy market, reflecting increased investor interest at a time when the local energy transition is accelerating. We thank the Renovatio team for their trust and excellent collaboration and congratulate all parties involved on the successful completion of the transaction."