On 18 July 2024, the Ministry of Agriculture and Rural Development (“MADR”) published for public consultation, in effect until 17 August 2024, the Draft Decision for amending and supplementing the Methodological Norms for the application of Government Emergency Ordinance no…. Read moreNew regulation on the use of grassland in a dual system for agriculture and renewable energy
1. Context – the race is on As everybody knows, grid connection is a big challenge, perhaps the biggest challenge, the renewables encounter nowadays in Romania and elsewhere. According to the data available on the Romanian TSO website, over 20… Read moreParadigm shift of the grid connection regulation in Romania
We are pleased to announce that Legal 500 (Legalease) and Chambers and Partners have released their rankings. Bondoc si Asociatii has been highly ranked in a total of 12 practice areas: • Banking and Finance • Capital Markets • Commercial,… Read moreBondoc si Asociatii highly ranked in Legal 500 (Legalease) and Chambers and Partners, 2021 editions
BONDOC ȘI ASOCIAȚII advised Tapbury (Management) Limited, a leading Irish renewable developer and investor, on the acquisition of a Romanian company which is developing a wind farm project of approx. 60 MW installed capacity on around 150 hectares of owned… Read moreBONDOC ȘI ASOCIAȚII advised Tapbury (Management) Limited on the acquisition of a Romanian company developing an important wind farm project
Solar power installed capacity in Romania is currently of almost 1400 MW, representing 6.8 % of the total installed capacity of the country[1]. This capacity was largely installed in the period 2012 – 2016, during the first boom of renewable… Read moreSolar projects in Romania – New perspectives and old issues
The Romanian Government recently enacted the Emergency Government Ordinance No. 74/2020 (“EGO 74/2020”), which entered in force on 18 May 2020. An expected and necessary piece of legislation, EGO 74/2020 amends the Energy law No. 123/2012 (“Romanian Energy Law”) by… Read moreDirectly negotiated PPAs – a new chance for renewables in Romania?
COVID-19 pandemic has generated unprecedented legislative measures and harsh economic consequences amongst which the work from home obligation, closing down of certain public spaces etc. implemented under the Decree no. 195/2020 for the emergency state in Romania and subsequent implementing… Read moreCOVID-19: How to handle contractual distress in lease agreements
Brief history Between around 2001-2011, certain private electricity suppliers (the “smart guys”, as they were called by the press) entered into long-term (10-15 years) bilateral power purchase agreements (“PPAs”) with state-owned producers (amongst which, notably Hidroelectrica) under quite unfavorable conditions… Read moreThe Romanian saga of directly negotiated PPAs
Cosmin Stavaru has over 13 years of experience in business law, and during his career, he has assisted private investors, local and international corporations, investment funds and institutional clients in major transactions, most of them in areas such as real… Read moreBondoc si Asociatii Brings Cosmin Stavaru on Board as Partner
