Ijdelea & Associates

 Ijdelea & Associates have successfully advised Eiffel Investment Group in relation to the creation, financing, and ongoing development of a joint-venture partnership entered into with R Power, a Poland-based renewable energy developer, for the development of a portfolio of solar projects with an installed capacity of more than 1GW.

Ijdelea & Associates has assisted a major Swedish-based renewable energy company in relation to the acquisition of several solar park project companies, with the purpose of entering the local market and develop a portfolio of renewable energy projects.

Ijdelea & Associates successfully assisted a major player in the oil & gas industry in obtaining a final ruling against the National Agency for Fiscal Administration (ANAF) granting in full the client’s claim for payment of interest for the late reimbursement of VAT, as part of a suite of legal actions concerning VAT reimbursement in excess of EUR 18 million.

Ijdelea & Associates have successfully assisted Esapiens Tecnologia in connection with the acquisition of a live streaming business. The mandate covered the due diligence process as well as advice on the structuring of the deal and related transaction documents.

Ijdelea & Associates have successfully assisted Black Sea Oil & Gas and its co’venture partners, Petro Ventures and Gas Plus in relation to the obtaining of the Upstream Pipeline Operating License for the Midia Gas Development Project (MGD Project) from the National Energy Regulatory Authority (ANRE).

Ijdelea & Associates have assisted Black Sea Oil & Gas S.A (BSOG) on the negotiation and execution with a major local contractor of the EPC contract related to the client’s first photovoltaic project, the overall development being planned to reach 50 MW.

A new success of Ijdelea & Associates’ Dispute Resolution team, having recently assisted an important player on the energy market in relation to the awarding of interest fees for late VAT reimbursement in excess of 7 mil EUR. This mandate is part of a series of court cases aimed at protecting their client’s economic interests affecting adequate cash-flow. Partner Ancuța Pop and Associate Victor Mitcov were part of the task force of Ijdelea & Associates team handling this mandate.

Ijdelea & Associates assisted Green Genius, a leading European renewable energy developer in relation to all stages relevant for the establishment of their in-country operations and projects. Over the next 3 years, the company intends to invest EUR 450 million in 500 MW of photovoltaic parks in Romania.

The Energy and Regulatory team of Ijdelea & Associates successfully closed out another first-to-market mandate.

Ijdelea & Associates has assisted Splend Group Pty on the Romanian law aspects related to a project financing transaction with a value in excess of EUR 25 million contracted with a San Francisco based specialty-lending firm serving emerging growth technology and life sciences companies.