yerges & Partners successfully assisted KER TOKI Power (Toki Power), the energy trading arm of Vienna-based renewables and e-mobility investment group Renalfa Solarpro Group (Renalfa), on the acquisition of a 150 MW standalone BESS project in Romania. The new BESS asset, which is expected to become operational by Q4 2026, is designed to deliver fast-response flexibility and grid support services, helping to integrate more renewable energy into the Romanian electricity system.

The legal assistance covered all stages of the process, including comprehensive legal due diligence investigations, structuring the transaction, drafting and negotiating the transaction documents, obtaining FDI clearance, signing and closing activities. Nyerges & Partners continues to advise Toki Power on all legal matters regarding project implementation and on overall Romanian operations. 

The legal team was led by Mihaela Nyerges (Managing Partner) and Horia Ispas (Partner) and included Irina Moinescu (Counsel) managing energy matters, Monica Cune-Ghițescu (Counsel), Paraschiv Sandu (Associate) and Emilia-Roberta Roca (Junior Associate) covering real estate and construction permitting matters and Larisa Nicolae (Managing Associate) and Adina Tănăsoiu (Senior Associate) covering corporate matters and FDI clearance. 

“We are proud to have supported Toki Power in this landmark acquisition, one of the most significant storage transactions in Romania to date. Their innovative approach combining trading expertise with direct investment in flexible assets sets a new benchmark for how strategic investment and market innovation can accelerate the transition to a more flexible and resilient energy system. For our team at Nyerges & Partners, accompanying such forward-looking clients is both a privilege and a testament to the depth of our renewable energy and storage expertise”, stated Mihaela Nyerges, Managing Partner at Nyerges & Partners.

„We are extremely satisfied by the support we received from Nyerges&Partners – a long-term partner of ours. With the current acquisition we further strengthen our position on the market, offering outstanding balancing and route-to-market services to our partners with renewable and flexible assets”, commented also Yuri Katanov, CEO of Toki Power.