RTB solar, wind & BESS acquisitions / Romania
Ready-to-build is a transaction description that needs documentary support. We help buyers and investors test the claimed development status of Romanian solar, wind and BESS projects and reflect the remaining work in the acquisition terms.
Request RTB acquisition due diligenceThe decision in front of you
An attractive project may still depend on unresolved land rights, permit conditions, grid works or changes to its configuration. Buying the label without testing the evidence can move development risk into your acquisition price.
Our response
We test the claimed ready-to-build stage against the land, permitting, grid and ANRE file. We then connect each material gap to a required action, completion condition or contractual protection, so you can negotiate on a documented basis.
We agree the depth of the review and the work needed for your decision. The scope can cover the following workstreams.
Agree a document-based definition of the stage being purchased. The definition should fit the technology, site and connection configuration. A seller's RTB label is a starting point for investigation, rather than a conclusion about construction readiness.
Review land rights and access, planning and construction documents, environmental requirements, the connection study, ATR and connection agreement. Check that they refer to the same site, capacity, technology and project company and identify amendments, challenges or unresolved conditions.
For storage, the review should distinguish standalone and co-located arrangements, MW and MWh, import and export rights, operating assumptions and regulatory status. Technical and commercial specialists should test whether the proposed equipment and revenue assumptions fit the documented rights.
Use a maturity matrix showing the evidence, unresolved item, responsible party and required action. Link material gaps to conditions, milestone payments, price retention, warranties or specific indemnities. A target date should not substitute for an objective deliverable.
The buyer needs to understand what is verified, what is conditional and what remains outside the review. Legal readiness, technical readiness, funding and construction mobilisation are connected but distinct decisions. The final report should make those boundaries explicit.
From instruction to delivery
Clear responsibilities, a documented position and actions tied to the next decision.
We agree what RTB means for the technology, site and connection configuration.
We test whether the documents cover the same SPV, location, capacity and intended installation.
We identify which actions must precede payment or completion and reflect them in the deal documents.
Anonymised examples of legal mandates. Client identities and commercial details are not disclosed.
Legal support for one client across a package of five Romanian energy projects, connecting the acquisition of project SPVs with the underlying development documents.
Our role
MoU and SPA work, legal due diligence and coordination of project findings with the transaction documentation.
Legal support delivered
An integrated legal workstream across the five-project package, bringing the commercial terms, project review and acquisition documents together.
Legal support for a client pursuing three Romanian energy-project acquisitions through project SPVs.
Our role
MoU and SPA work and legal due diligence across the acquisition programme, linking the review of each project to its transaction documents.
Legal support delivered
Coordinated legal support across three acquisitions, maintaining a common approach to project review and transaction documentation while addressing each project's particular issues.
First conversation
The label alone does not establish that. Readiness needs to be tested against the project's documents, conditions, configuration and remaining actions.
Some workstreams overlap, but storage configuration, import/export rights, operating assumptions and contracts need specific review.
Your next step
Tell us the issue, the parties involved and the decision date. We will agree the scope and next steps with you.
