Schoenherr advised Enery on signing a EUR 214.45m bank loan facility with UniCredit Bank, Banca Comerciala Romana and Erste Group Bank AG as Original Lenders and Mandated Lead Arrangers. BCR and UniCredit acted as Joint Coordinators and Bookrunners, while UniCredit was nominated as Documentation Agent and BCR was nominated as ESG Coordinator, Security and Facility Agent. The firm's services covered borrower-side legal advice in connection with this landmark financing deal, which will support the development and consolidation of Enery's renewable energy projects in Romania. The loan facility is strategically allocated to refinancing Enery's entire Romanian renewable energy portfolio, providing financial stability and operational efficiency, constructing a new 64.5 MW PV project and co-locating battery energy storage systems (BESS) in all operational and greenfield power plants to enhance grid stability and storage capabilities. "We congratulate Enery and the lenders on achieving this innovative portfolio financing solution, which will support Enery's commitment to driving sustainable energy solutions in the region. In recent years, we have witnessed a surge in renewable energy project financing and acquisition financing in Romania, a segment where we are happy to have played an active role. This project marks a growing trend where borrowers and lenders work together in seeking creative, tailored bank lending structures for companies engaged in the energy transition," said Schoenherr partner Adina Damaschin, who led the team advising the borrower. Enery is an independent renewable energy provider dedicated to supplying its customers with reliable and affordable long-term green energy. With a diversified green fleet currently generating almost 700 GWh of clean electricity from 490 MW and powering 277,706 households, Enery is at the forefront of the CEE region's transition to sustainable energy. The company's plans include ongoing development projects with more than 8 GW in 11 countries. The Schoenherr team advising Enery was led by Robert Bachner (partner) and Adina Damaschin (partner), and included key team members Loredana Barbu (attorney at law) and Francesca Buta (attorney at law), who were further supported by Catrinel Ghinea (associate) and Razvan Dinica (associate). Schoenherr is a leading regional law firm, with 15 offices and four country desks in Central and Eastern Europe and South-Eastern Europe. The firm has been active in Romania since 1996, providing full-service legal advice to local and multinational companies. Schoenherr Romania is ranked in by all major legal directories that survey the legal market (Chambers and Partners, Legal500, IFLR1000).
The 2025-2026 symphonic season of the George Enescu Philharmonic (FGE) in Bucharest will open with two concerts led by American conductor Kent Nagano and featuring German violinist Frank Peter Zimmermann as soloist. The program includes works by Enescu, Beethoven, and Stravinsky. The concerts are scheduled for Thursday, October 2, and Friday, October 3. FGE’s chamber […]
Romania recorded the second-lowest life expectancy in the European Union in 2024, at 76.6 years, trailing only Bulgaria at 75.9 years, according to preliminary figures released Thursday, September 11, by Eurostat, and quoted by Agerpres....
Far-right, opposition party AUR (the Alliance for the Union of Romanians) continues to dominate voter preferences for the parliamentary elections in Romania, securing 40.8% support in the latest INSCOP Research – Informat.ro Barometer conducted between September 1 and 9. The party’s strong showing underscores the deepening polarization of Romanian politics, with nearly half of voters […]
Vastint Romania has introduced Ready Flex Space, a new concept offering fully furnished, independent office modules on short-term leases, as demand for flexibility in the workplace continues to grow. The solution, already implemented at Business Garden Bucharest, spans 2,321 sqm divided into nine separate units ranging from 124 to 416 sqm. Eight of the units […]
Romania’s hotel sector outperformed forecasts in the first half of 2025, posting solid gains in occupancy and revenues that boosted its appeal for investors across Central and Eastern Europe (CEE), Cushman & Wakefield Echinox said in a report. Hotel occupancy in Romania rose by 4% in January–June compared with the same period last year, while […]
Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520 […]
