Nyerges & Partners Advises KER TOKI Power-Romania on the Acquisition of a 150 MW Standalone Project
Click to post on LinkedIn
🔋𝗡𝘆𝗲𝗿𝗴𝗲𝘀 & 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗔𝗱𝘃𝗶𝘀𝗲𝘀 𝗞𝗘𝗥 𝗧𝗢𝗞𝗜 𝗣𝗼𝘄𝗲𝗿-𝗥𝗼𝗺𝗮𝗻𝗶𝗮 𝗼𝗻 𝘁𝗵𝗲 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗮 𝟭𝟱𝟬 𝗠𝗪 𝗦𝘁𝗮𝗻𝗱𝗮𝗹𝗼𝗻𝗲 𝗕𝗘𝗦𝗦 𝗣𝗿𝗼𝗷𝗲𝗰𝘁
We are thrilled to share that we advised KER Toki Power Romania (Toki Power), the energy trading arm of Vienna-based renewables and e-mobility investment group Renalfa Solarpro Group (Renalfa), on acquiring a 150 MW standalone BESS project. The BESS asset is expected to become operational by Q4 2026 and is designed to deliver fast-response flexibility and grid support services.
The legal assistance covered all stages of the process, including comprehensive legal due diligence, structuring the transaction, drafting and negotiating the transaction documents, obtaining FDI clearance, closing activities. We continue to advise Toki Power on all legal matters regarding project implementation and overall Romanian operations.
The legal team was led by Mihaela Nyerges (Managing Partner) and Horia Ispas (Partner) and included Irina Moinescu (Counsel), Monica Cune-Ghitescu (Counsel), Larisa Alexandra Nicolae (Managing Associate), Adina Tănăsoiu (Senior Associate), Paraschiv Sandu (Associate) and Emilia-Roberta Roca (Junior Associate).
“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, CFA, CEO of Toki Power.
