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We are proud to have advised Alive Renewable Holding Limited, subsidiary of Premier Energy PLC, on the successful acquisition of a 90% stake in Development Power Soalr Energy S.R.L.
This transaction paves the way for the development of a 49 MW DC solar park and a 16 MWh energy storage facility in Buzău County, Romania, with commercial operations projected to begin in the second half of 2025.
From due diligence and transaction documents drafting, to negotiation and closing, our team provided comprehensive legal guidance to facilitate a smooth and efficient deal.
Notably, 2024 has proven to be a particularly active year for renewable energy transactions, and we are proud to have supported multiple clients in realizing their expansion goals.
Our project team included Loredana Vlasceanu, Partner, Dan Oltean, Managing Associate, Laura Panait, Senior Associate and Stefania-Gabriela David, Senior Associate.
We congratulate our client on driving forward this project, and we look forward to continued collaboration to support advance greener, more reliable energy solutions throughout Romania and beyond.