American Chamber of Commerce in Romania
15 Years in Romania
Honored with Business Superbrands Award 2007/2008
European Council of American Chambers of Commerce in Europe
Foreign Commercial Service of the U.S. Embassy
U.S. Chamber of Commerce
Mușat & Asociații assists Enel Green Power in connection with the Salbatica 2 wind project
08/03/2011 I Source Musat & Asociatii
Mușat și Asociații continues to be actively involved in major projects in the renewable energy sector, assisting Enel Green Power, part of the Italian group Enel dedicated to developing and managing renewable energy, in connection with the development of the Salbatica 2 wind project, with an installed capacity of 72 MW.
“The Salbatica 2 wind project, set up by Enel Green Power, represents a new achievement of Mușat & Asociații in the renewable energy sector. The mandate included assisting Enel Green Power during the negotiations undertaken for the aqusition of the land, performing an extensive due diligenge report, assistance in drafting the transaction documents and providing advice during the closing and post-acquisition phases, as well as in connection with a variety of tax matters concerning the calculation of applicable taxes. On our part, the project required a team of seven lawyers specialised in energy and mergers & aquistions, as wel as in tax and commercial legal issues”, says Miruna Suciu, Partner Mușat & Asociații and head of the team.
The firm’s long-standing expertise in energy includes numerous high-profile projects such as the privatization of Electrica Muntenia Sud, the development of Units 3 and 4 of the Cernavoda Nuclear Power Plant, assisting the Ministry of Economy and Hidroelectrica in the process of selecting investors for the Tarnita-Lapustesti pumped-storage hydropower plant – greenfield project estimated at EUR 1.3 billion, assisting Rompetrol Group on the acquisition of the remaining free float of Rompetrol Rafinare and Rompetrol Well Services, advising the energy group Repower in connection with the acquisition of 80% of the shares of Elcomex or assisting Enel Green Power in connection with the acquisition of a photovoltaic project.
Musat & Asociatii’s energy expertise is regularly praised by the reputed international legal guides, Chambers & Partners and Legal 500, which place the firm at the top of the rankings in this area of expertise and highly recommend our lawyers as experts on the Romanian energy market.
About MUȘAT & ASOCIAȚII
MUȘAT & ASOCIAȚII is one of the first law firms set up in Romania after January 1st, 1990. With 13 partners and more than 100 attorneys and counselors, Musat & Asociatii provides advisory services for all sectors of the business law, including mergers & acquisitions, privatizations, banking, energy & natural resources, company law, competition, intellectual property, telecommunications & IT, labour law, fiscal law, capital markets, real estate law, environmental law, as well as in litigations & commercial arbitrations.
MUȘAT & ASOCIAȚII has been recognized as one of the pillars of the Romanian business law and the firm’s expertise is regularly praised by the reputed international legal guides (Chambers & Partners, Practical Law Company, Legal 500, International Financial Law Review etc.), which place the firm at the top of the rankings and highly recommend our lawyers as experts on the Romanian legal market.
MUSAT & ASOCIATII is the first Romanian law firm distinguished with the prestigious award “National Law Firm of the Year” by the International Financial Law Review (IFLR), one of the most esteemed international legal publications, also acknowledged for its reputable legal guide IFLR 1000. MUSAT & ASOCIATII has also been awarded “Romania Law Firm of the Year” by the renowned legal guide Chambers & Partners at the “Chambers Europe Awards for Excellence 2011” ceremony, due to its remarkable performance on the local legal market in the past year.
Furthermore, MUSAT & ASOCIATII is ranked as a top tier law firm in the legal guide IFLR 1000, leading in all four categories analyzed by the British researchers on the local legal market: mergers & acquisitions, banking & finance, capital markets and project finance. Also, the reputable legal guides PLC Which Lawyer?, Chambers & Partners and Legal 500 place MUSAT & ASOCIATII at the top of their rankings in most of the practice areas researched on the local market.
The firm’s portfolio includes more than 2,500 clients, large local or international corporations, such as: Enel SpA, Rompetrol, Colas, European Investment Bank, Roche, ING Bank, Fortis Bank, KBC Bank, Raiffeisen Bank, OTP Bank, Eli Lilly, GlaxoSmithKline, Novartis, General Electric, General Motors, Intel, Oracle, AON, AT&T, Thyssen Krupp, Generali, Immoeast, Petrom, AFI Europe, Electrolux, SBS Broadcasting Corporation etc.
