The energy sector is at the heart of the Romanian economy. It requires significant work for restructuring, modernisation and rehabilitation in order to comply with the high standards of the European Union.

Our lawyers have been involved in major energy privatisations transactions and energy sector rehabilitation projects and therefore have in-depth knowledge of the energy sector.

Deal highlights of our lawyers include:

• the EUR 1.4 billion privatisation of Romania's national oil and gas company, S.N.P. Petrom S.A., the largest company in Romania;
• the EUR 303 million acquisition of 51% of the share capital of Romania's national gas distribution company Distrigaz Nord S.A.;
• the EUR 311 million acquisition of 51% of the share capital of Romania's national gas distribution company Distrigaz Sud S.A.;
• advising a leading Japanese power generating company in connection with the revamping of a coal firing plant under a contract arrangement with a major Romanian state owned electricity producer;
• advising a leading Japanese power generating company in connection with the supply and installation of plant and equipment as part of a Power Sector, Rehabilitation and Modernisation Project under a contract arrangement with a major Romanian state owned electricity producer.