Bondoc & Asociatii is advising a leading Irish investor in relation to the acquisition of a project company currently developing a 40 MW wind project in South – Eastern Romania from a group of Romanian and Italian investors.
The completion of the transaction is subject to certain conditions precedent, including FDI approval and positive confirmatory due diligence. The buyer will finance the future development of the project, while the sellers will continue to collaborate with the buyer to bring the project to a ‘ready-to-build’ status.
Bondoc & Asociatii team is led by Cosmin Stavaru (Partner). The team also includes Matei Vilcov (Senior Associate), Raluca Catargiu (Senior Associate), Ionel Macovei (Senior Associate), Alexandra Bunea-Mihai (Associate) and Rares Iacob (Junior Associate).
The firm is providing advice on all aspects of the transaction, including conducting full legal due diligence, drafting and negotiating the share purchase agreement, and handling the FDI filing. The firm will also continue to provide advice on further milestones of the project.
This transaction is just one of the numerous energy transactions and projects the team of Bondoc & Asociatii is currently handling, showcasing the expertise of the firm in the Energy and M&A sectors, as unanimously recognized by the main international legal directories (such as Legal 500 and Chambers & Partners).