Schoenherr și Asociații SCA advises Nofar Energy on acquisition of 73 MW solar PV project

Deniza Cristian 26/01/2023 | 11:05

Schoenherr și Asociații SCA advised Nofar Energy on the acquisition of a 73 MW solar photovoltaic (PV) project in Slobozia, Giurgiu county. The transaction is part of the company’s announced plans to acquire, develop and install solar PV power plants and wind farms with a total capacity of 1.5 GW in 2023.


After its market entry in 2021, Nofar Energy has quickly become a major investor in the Romanian renewable energy sector,” said local partner Monica Cojocaru, who led the Schoenherr team advising Nofar Energy. “We are happy to be a part of Nofar’s success story in our country. Fuelled by the green transition, investors’ interest in the local renewables market has significantly picked up again. In the past two years, we have advised on over 20 M&A transactions in this sector. Most of these deals involve solar PV and wind power plants, both operational or under development.

Nofar Energy is a company specialized in developing, operating, and storing energy produced from PV power plants and wind parks, listed on the Tel Aviv Stock Exchange (TASE), with operations in Spain, Italy, Israel, Poland, the UK, and the USA.

Schoenherr’s services covered the full range of buy-side legal advice in connection with this M&A transaction, including energy-related matters. The team was led by Monica Cojocaru (local partner) and included Vlad Cordea (senior attorney at law) and Alexandra Huza (senior attorney at law), with FDI screening proceedings being handled by Georgiana Bădescu (partner) and Darius Trușculete (attorney at law).

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Deniza Cristian | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue