Energy & Natural Resources

The shift in focus towards low-emissions, sustainability, security and reliability of supply presents the new challenges for the industries of energy and natural resources. Increased regulatory pressures or, conversely, the absence of clear regulations on issues which are central to the successful development and implementation of a business plan substantially increase the importance of clear, timely and sophisticated legal advice.

PeliFilip relies on its strong team of highly qualified legal consultants with extensive experience, recognized competencies and professionalism to achieve high quality assistance in a large variety of projects in the Energy and Natural Resources industries.

The PeliFilip lawyers advised on the majority of the most complex and high profile energy and natural resources transactions in Romania over the last 12 years. The cumulative experience of our team includes some of the most interesting and high profile privatizations, energy and natural resources investment projects, acquisitions and corporate reorganizations of energy companies, energy infrastructure projects and financing schemes for the energy sector.

We believe that our track-record and our large specialised and dedicated team, as well as the ability of our other practice areas to offer high-quality integrated support for any ancillary matters allow us to anticipate our clients’ interests and meet their legal needs at the highest level available on the Romanian market.

KEY TRANSACTIONS 2008-2011

Advising one of the potential investors, a leading European energy group, in the project for the development of Units 3 and 4 each of capacity of 740 MW of the nuclear power plant from Cernavoda, Romania;
Advising Petrom in connection with grid connection matters and with the relevant engineering works contract for the greenfield 800 MW co-generation plant currently under development;
Advising Portland Trust in structuring, negotiating and finalizing the sale to Enel Distributie of the electricity distribution network developed and previously operated by Portland in the Bucharest West logistic park, involving regulatory and permitting specific advice;
Advising E-power, a Hellenic development group with an energy division operating in Romania with respect to various regulatory issues related to the development of wind farms in Romania and with the preparation for sale thereof;
Advising a leading European renewable power company in relation to the acquisition of a Romanian company developing a wind farm with a capacity exceeding 200 MW;
Advising Continental Wind Partners in relation to the development of various renewable energy projects in Romania;
Advising the energy division of the leading Romanian oil and gas company in relation to the potential purchase of several wind farm projects in Romania;
Advising a leading European renewable power company in relation to the intended acquisition of the majority stake in a company developing a co-generation facility in Romania and on the related joint venture and other contractual arrangements;
Advising various investors on legal and regulatory matters in relation to the development of renewable energy generation facilities in Romania: wind power plants, hydro micro power plants and biomass based generation plants;
Advising Royal Bank of Canada Dominion Securities and Cormark Securities as joint lead managers as Romanian counsel on their CAD 117 million public offer and private placement of shares in Gabriel Resources (listed on the Toronto Stock Exchange), the owner and developer of one of the largest gold deposits in the world and
Advising a leading European construction and construction materials group in relation to the acquisition of a share package and the setting up of a joint-venture with respect to the exploitation of a large quarry and the green-field development of a sizeable cement facility.