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Dentons advises Kommunalkredit on €28 million financing to Econergy for its Iancu Jianu solar project in Romania
Bucharest, December 17, 2024 – Global law firm Dentons has advised Kommunalkredit Austria AG on a €28 million financing to Econergy UK for its Iancu Jianu solar project in Romania.
The project currently under construction in Olt county has an installed capacity of approximately 58 MW, and is expected to become operational during 2025.
Kommunalkredit Austria AG is a leading financial institution specializing in infrastructure and renewable energy projects and is recognized for its commitment to facilitating sustainable investments and supporting the transition to a low-carbon economy.
Banking and Finance partner Simona Marin led the legal team, assisted by counsel Maria Tomescu, senior associate Lawrence Florescu, associates Alin Serea and Carmen Banica (all Banking and Finance), partner Claudiu Munteanu-Jipescu, counsel Elena Vlasceanu and senior associate Angelica Pintilie (all Energy), partner Bogdan Papandopol, senior associate Isabela Gheorghe, associates Diana Ceparu and Geanina Anghel (all Real Estate).
Simona Marin commented: "We are happy to continue our longstanding partnership with Kommunalkredit by supporting another financing in Romania, a landmark project for the Romanian renewables industry and the overall economy."
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