Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised UK-based Nala Renewables Limited in its deal closed in Romania, namely the acquisition from Monsson Group of a ready-to-build photovoltaic park în Caraș Severin, with a total installed power of approximately 61 MWp.

The team coordinated by Nadia Badea, Partner Clifford Chance, and Counsel Loredana Ralea, included Eleonora Udroiu (Of Counsel), Carmen Buzenche (Senior Associate), Lavinia Dinoci (Senior Associate) and Roxana Barboi (lawyer).

Nadia Badea, Coordinator of the Energy Practice in Bucharest, says: “We are delighted to advise Nala Renewables, a major player in the international energy market, in closing this transaction at the local level. Romania thus joins its map of ambitious objectives to develop a global portfolio of renewable energy projects with a cumulative generative capacity of 4 GW, by 2025″.

Counsel Loredana Ralea adds: “We thank our clients for placing their trust in us with this project and we hope to complete other projects together. Each transaction is unique in its own way, but success always depends on a few key factors, starting with professionalism, experience and trust established between the parties involved. Our collaboration with the Nala Renewables team, but also with the team from Monsson Group has been exceptional, and we wish them much success with their future projects.”