Global law firm Dentons has advised two Turkish renewables companies on the acquisition of solar parks in Romania, one with a capacity of 15 MW in Rovinari and the other with a capacity of 10 MW in Farcasesti, Gorj county. The completion of the transactions is subject to customary regulatory approvals.
Dentons provided comprehensive legal support throughout all stages of the project, including legal due diligence, transaction structuring, drafting and negotiation of the transfer documentation, as well as signing.
Senior associate Mihut-Ioan Radu and counsel Cosmin Roman led the transaction with the help of associates Ruxandra Ronea and Dragos Nicula, under the supervision of partner Cristian Popescu; the wider team included Andrei Marinescu (all Corporate M&A).
Cristian Popescu commented: “We are honored to have contributed to these transactions, which play a key role in advancing the clients’ strategic expansion in the market. These projects also strengthen Romania’s renewable energy sector and reflect the growing momentum behind sustainable investments in the country.”