Nyerges & Partners advises R.Power Renewables on securing its first PPA in Romania
The PPA was signed for the construction of four photovoltaic projects.
Image for illustration purposes
Romania: Nyerges & Partners has announced that they advised R.Power Renewables on signing an 11-year physical Power Purchase Agreement (PPA) for the full output of four solar photovoltaic projects developed in Romania.
The agreement, signed with an energy trading company, will deliver an estimated 357 GWh of renewable energy.
The company provided comprehensive legal support throughout the process, assisting the R.Power team in negotiating and drafting the PPA. Their services also included ensuring regulatory compliance by handling mandatory registration and reporting formalities. Additionally, they offered strategic advisory on various regulatory aspects related to electricity sales, balancing obligations, guarantees of origin, and administrative requirements for operational readiness, ensuring the successful structuring of the PPA.
“We are honoured to have advised R.Power Renewables on securing its first PPA in Romania, a significant milestone that strengthens its presence in the region and reinforces its commitment to the Romanian renewable energy sector. This achievement reflects R.Power’s strategic vision and robust business model, as well as our firm’s deep expertise in energy market regulations and complex energy transactions,” commented Mihaela Nyerges, Managing Partner.
Nyerges & Partners continues to support the expansion of Romania’s renewable energy market by offering high-quality legal advisory services for key energy transactions and leading international and local companies in the Romanian energy sector.
Source: Nyerges & Partners
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