Power purchase agreements
Corporate PPAs, sleeved PPAs, virtual PPA concepts and offtake risk.
PPAs and contracts Romania / Romania
We draft and review PPAs, route-to-market arrangements, EPC, O&M, supply and balancing contracts where legal structure must match COD, grid risk, bankability and market participation.
Discuss your projectThe decision in front of you
A Romanian PPA or project contract is not bankable because it is long. It is bankable when the contract reflects the project's actual grid status, permits, COD path, balancing exposure, performance obligations and lender requirements.
Our response
PPA terms are checked against COD, grid and balancing exposure. Direct agreements, security and step-in logic are built into the contract set.
We agree the depth of the review and the work needed for your decision. The scope can cover the following workstreams.
Corporate PPAs, sleeved PPAs, virtual PPA concepts and offtake risk.
Trading, supply, balancing, BRP interfaces and market participation assumptions.
Scope, delay, testing, LDs, grid interface, change orders and performance security.
Availability, warranties, safety, reporting and BESS-specific interfaces.
Direct agreements, step-in, assignment, consent and contract amendments.
Default, termination, force majeure, change in law and evidence strategy.
From instruction to delivery
Clear responsibilities, a documented position and actions tied to the next decision.
Check whether contract assumptions match permits, ATR, COD and market role.
Turn technical and regulatory uncertainty into clear contract obligations.
Review lender requirements, direct agreements and step-in before closing pressure.
Anonymised examples of legal mandates. Client identities and commercial details are not disclosed.
An integrated legal mandate for one client covering the contractual, financing and implementation workstreams of an energy project.
Our role
Legal support on OEM and EPC contracts, project-finance documentation and the contractual framework for implementation.
Legal support delivered
Continuity of legal support across equipment procurement, construction contracting, financing and implementation, with the documents considered as a connected project package.
First conversation
It should address delivery structure, COD, volume, price, guarantees of origin, balancing, curtailment, change in law, credit support, default and termination.
Sleeved structures may be relevant, but they depend on supplier/trader roles, market access, balancing and the allocation of payment and performance risk.
Lenders usually focus on assignability, step-in rights, termination, cure periods, direct agreements, performance security and consistency with permits and grid status.
Your next step
Tell us the issue, the parties involved and the decision date. We will agree the scope and next steps with you.