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Țuca Zbârcea & Asociații backs landmark green energy deal with BCR’s up to EUR 61.6 million financing for Electrocentrale Borzești’s first wind farm
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Lawyers Week
Țuca Zbârcea & Asociații provided comprehensive legal assistance services to Banca Comercială Română (BCR) on a significant project finance transaction in the energy sector.
A multidisciplinary group of lawyers specialising in banking and finance, project finance, energy, real estate and competition/antitrust law advised Banca Comercială Română (BCR), with Banking and Finance Partner Gabriela Anton heading the team.
The 15-year tenor facility covers the development, construction and operational phases of the 49.8 MW Gura Văii wind farm (CEE Onești), in Bacău County.
Banca Comercială Română (BCR) is acting as the sole banking partner for the wind farm project, with a total exposure of up to EUR 61.6 million.
The Gura Văii (CEE Onești) wind farm is expected to generate approximately 110 GWh of net green electricity annually, equivalent to the consumption needs of a city the size of Buzău.