PV projects have become a particular area of focus for CMS’ projects and energy team, which has taken on an increasing number of mandates in this sphere in the past year; the group advises a growing base of power plant developers, operators and investors. Péter Simon co-heads the team and his wide-ranging expertise sees him lead on various energy projects, as well as other infrastructure, industrial and construction projects. Simon's counterpart Erika Papp advises clients in the financial services sector on the financing of energy and infrastructure projects. Árpád Lantos continues to expand his knowledge of project financing transactions to incorporate PV projects. Zsófia Hermann has experience drafting and negotiating EPC contracts and PPAs, while Péter Deák focuses on M&A transactions within the energy sector. Sándor Kovács is another key name to note.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They are persistent and timely. They could handle the turning points and delays in the deal.’

  • ‘Deep understanding of the Hungarian electricity market. Supportive and solution-oriented when evaluating project-related legal risks. Quick response time, always available and responsive.’

  • ‘Péter Deák was responsible of creating the legal due diligence report for our two major Hungarian PV project developments. He is always on time, keeping to the sometimes really short deadlines. He is very supportive, when we needed to tackle issues that were identified during the due diligence process, he always came up with suggestions that enabled us to lower the risks.’

  • ‘They are the best energy projects team in Hungary; they cover all required areas of law at a top level.’

Key clients

  • Budapest Power Plant
  • Enlight Renewable Energy
  • Iberdrola
  • Erste Bank Hungary
  • Helexia Development
  • Green Source GmbH
  • MMBF, member of MFB Group
  • OTP Bank
  • Solarpro Holding
  • Goldenpeaks Capital Services

Work highlights

  • Advised a UK investor on the acquisition of a large portfolio of solar power plants.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Péter Simon, Erika Papp

Other key lawyers

Árpád Lantos, Zsófia Hermann, Péter Deák, Sándor Kovács, Dorottya Varga-Giesz