Buy-side and sell-side review
Land, permits, grid, ANRE, contracts, litigation, SPV and authority correspondence.
Energy M&A Romania
Energy transactions where diligence must read the project, not only the SPV.
We assist buyers, sellers, lenders and developers with Romanian renewable and BESS transactions, including legal due diligence, red flag reports, SPAs, CPs, bankability and financing support.
01Buy-side
We test whether project value is supported by land, grid, permits and contracts.
02Sell-side
We prepare data rooms and disclosure before buyer counsel finds the gaps.
03Lender-side
We translate diligence into CPs, security and bankability conditions.
Where we fit
Energy M&A, Due Diligence and Project Finance in Romania
Romanian energy M&A is rarely just corporate title. Project value sits in ATR quality, land control, permits, ANRE status, contracts, technical assumptions and whether a lender or buyer can rely on the file.
What we do
Concrete legal work, tied to investment decisions.
We do not isolate documents. We test how each item changes price, timing, bankability, signing risk or dispute posture.
Risk allocation
Conditions precedent, warranties, indemnities, price adjustment, retentions and earn-outs.
Project maturity testing
Whether RTB, near-RTB or early-stage status is supported by evidence.
Lender diligence
Bankability reports, legal opinions, CP checklists and security package review.
How we help
From legal review to usable decisions.
The output is designed for investors, lenders and management teams: priority risks, next actions, negotiation points and documents that need repair.
Read the data room
Identify missing, inconsistent or non-bankable documents early.
Translate to deal terms
Convert red flags into CPs, warranties, price protection or walk-away logic.
Close with control
Track approvals, filings, signing authority and post-closing actions.
When we help
Useful before the file becomes expensive to fix.
Before exclusivity
When a teaser, data room or early seller claim needs a fast legal reality check.
Before filings or signing
When ANRE, grid, permitting or contract steps need to be sequenced against value.
Before financing or sale
When lenders or buyers will test bankability, transferability and project maturity.
When pressure appears
When delays, refusals, guarantee calls, disputes or authority correspondence need a record.
Workstreams
Transaction workstreams for Romanian energy assets.
Buy-side and sell-side review
Land, permits, grid, ANRE, contracts, litigation, SPV and authority correspondence.
Risk allocation
Conditions precedent, warranties, indemnities, price adjustment, retentions and earn-outs.
Project maturity testing
Whether RTB, near-RTB or early-stage status is supported by evidence.
Lender diligence
Bankability reports, legal opinions, CP checklists and security package review.
Project document review
EPC, O&M, PPA, direct agreements and assignment restrictions.
Execution discipline
Closing agendas, corporate approvals, filings and post-closing regulatory steps.
Client scenarios
Typical moments where this page becomes useful.
Foreign investor buying RTB solar
We separate genuine maturity from marketing language and turn gaps into price, CPs and protections.
Lender reviewing BESS bankability
We connect grid rights, ANRE status, contracts and technical assumptions before credit approval.
Developer facing grid or permit delay
We build the correspondence record and identify the procedural route before value erodes.
How we work
A practical rhythm for Romanian energy mandates.
- 01
Read the data room
Identify missing, inconsistent or non-bankable documents early.
- 02
Translate to deal terms
Convert red flags into CPs, warranties, price protection or walk-away logic.
- 03
Close with control
Track approvals, filings, signing authority and post-closing actions.
FAQ
Questions clients ask before instructing counsel.
What is checked in renewable energy due diligence in Romania?
Diligence should cover SPV title, land, permits, ATR, connection agreement, ANRE, contracts, litigation, authority correspondence and financial/legal assumptions.
Can grid rights be transferred in Romania?
Transferability and continuity of grid rights must be checked against the project structure, ATR, connection agreement, project company and regulatory context.
What does RTB mean in energy M&A?
RTB should be defined in the transaction documents by reference to specific permits, grid documents, land rights, ANRE status and project contracts.
Start with the file
Send the teaser, data room index or financing checklist.
We will identify the issues that should drive diligence scope, price protection, CPs and closing strategy.