Vlăsceanu, Nyerges & Partners is advising Shikun & Binui Energy Ltd. regarding the acquisition from Monsson, as well as the further development and construction of a photovoltaic project in Satu Mare. The project has an authorized capacity of 67.5 MW and covers over 85 ha of land. The construction works are planned to start this year and will entail an investment of up to EUR 50 million.
“We are honored to assist Shikun & Binui Energy Ltd. in their first project in Romania. Our work so far has been quite complex covering M&A matters, corporate, real estate, urbanism permitting, EPC contract, grid connection and other regulatory matters. Romania is in urgent need to increase its power generation capacities and we are excited that it is attracting high investments from credible and important players in this sector”, said Mihaela Nyerges, Partner at Vlăsceanu, Nyerges & Partners.
The legal team was led by Mihaela Nyerges (Partner) and included, among other, Loredana Vlăsceanu (Partner) and Monica Cune-Ghițescu (Senior Associate).