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