We advise a leading German energy company in relation with the establishment of a joint venture company in electricity generation together with other strategic investors and the Romanian Electricity Generator – Termoelectrica S.A., as part of the privatization process for Braila Energy Generation Project.
We assisted the largest Romanian energy company in connection with its attempt to acquire the controlling interest in two wind farm project companies (wind farms contemplated to include over 100 3MW wind turbines and over 115 3MW wind turbines, respectively).
We took part in a consortium led by Bank of America Securities Limited and Central Europe Trust Limited, assisting with the sale of the Moldova and Oltenia regional electricity distribution companies; transactions valued at approximately EUR 250 million.
We took part in a consortium led by BNP Paribas that assissted with the sale of the Dobrogea and Banat regional electricity distribution companies; transactions valued at approximately EUR 100 million.
We assisted a consortium comprised of Mechel International Holdings AG and Mechel Trading AG in the attempt to privatize Uzina Termoelectrica Girugiu S.A., a thermal and electricity producer located in Giurgiu that, once rehabilitated, would have generated more than 100 MW of power.
Natural gas
We advised Raiffeisen Capital & Investment in assisting Transgaz S.A., the national natural gas transport operator, with its initial public offering of ordinary shares representing 10% of its share capital.
We provide legal assistance, on behalf of Nabucco Gas Pipeline International Gmbh, in connection with a five-nation project to construct and operate a natural gas pipeline linking production areas in the Caspian Sea and Middle East regions to Central and Western Europe.
We assisted Distrigaz Sud S.A. in relation with the implementation of the legal, functional and decision making unbundling of the natural gas activity through a spin-off operation of the natural gas activity.
We advised France’s leading natural gas supplier, Gaz de France, in connection with its successful participation in an international tender for the acquisition of one of the two Romanian natural gas distribution operators.
We advise the specialized division of Gaz de France in connection with the acquisition of Romanian operators in the gas storage industry.
Oil
We represented the leading oil and gas group in Central Europe in connection with its over EUR 1.5 billion acquisition of a controlling stake in the largest Romanian oil company, Petrom S.A.
We assisted Petrom SA, the leading oil company in Romania, in its acquisition of oil service and maintenance business from Petromservice, the dominant supplier on the market, including with respect to the process of integration of the oil acquired business.
We assist a US based private equity fund in the acquisition of an oil and gas E&P company specialized in full field development, redevelopment and mature assets rehabilitation.
We advised the leading oil company in Romania in connection with its acquisition of two oil transport and maintenance companies, Rafiserv Arpechim S.A. and Rafiserv Petrobrazi S.A.
We assist a leading Indian integrated group with activities in the oil and gas sector with respect to the proposed acquisition of a participation in the concession of an oil block in Romania.