RTPR has assisted OX2 in relation to the sale of a 99.2 MW onshore wind project located in the Eastern part of Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura. The project will consist of 16 Vestas turbines, V162-6.2 MW™ and will be commissioned in the first half of 2026. The transaction is valued at EUR 214 million.
OX2 is a leading renewable developer, having a portfolio which includes various technologies, such as onshore and offshore wind, solar, energy storage, as well as hydrogen projects.
The RTPR team of lawyers involved in this project was coordinated by Mihai Ristici (Partner) and Vlad Stamatescu(Counsel), and further included Bogdan Cordos (Energy Law Consultant), Ianita Tui (Counsel), Flavia Mincu (Associate), George Capota, Maria Luca (Junior Associates), Roxana Ionescu (Partner), Marina Fecheta-Giurgica (Senior Associate), Andrei Tosa, Cristina Croitoru (Managing Associates), Serban Halmagean (Associate), Irina Marinescu, Radu Ciolacu, Andrei Nicolae, Bianca Cojocaru, David Mirea and Luka Perovic (Junior Associates).
“We would like to congratulate the entire OX2 team for their first sale in Romania, with special accolades to Marta Pruszynska and Andreea Mladin who led the OX2 transaction team. As always, it was a great collaboration with the A&O Shearman team led by Kamil Jankielewicz, and which further included Antoni Roszkowski and Farah El Yacoubi. EY team led by Kinga Charpentier acted as financial advisor to OX2. We are happy to have had the opportunity to advise OX2 on this major project, certainly a milestone for the Romanian energy market that contributes to the transition to green energy”, said Vlad Stamatescu, Counsel at RTPR.