WAHL has been awarded the 'Deal of the Year' 2023 for Croatia by CEE Legal Matters for TAWAL's EUR 1.2 billion acquisition of United Group's CEE Tower Assets, highlighting our firm's exceptional expertise in M&A transactions.
WAHL's Corporate & M&A practice advised United Group on their EUR 1.2 billion sale of CEE Tower Assets to TAWAL
The Act on Prohibition of Unfair Trade Practices in the Food Supply Chain come into force today. The changes are motivated by the need to harmonize monetary amounts with the euro, but it is very important that the new law also introduces some new provisions that better implement the requirements from Directive (EU) 2019/633 of the European Parliament and of the Council of 17 April 2019 on trading practices in business-to-business relationships in the agricultural and food supply chain.
PPAs have become incredibly popular due to the increased interest of businesses looking to reduce their carbon footprint on one hand and as a means of securing the financing of a subsidy-free RES project on the other hand. The renewable developer secures a buyer for green electricity, while the customer reduces its CO² emissions and secures its long-term electricity costs. As regards Croatia, the PPA market started to develop rapidly in the recent years. New regulations are being adopted and the sector of renewable energy sources is constantly changing. This article is about challenges which RES projects in general, and PPAs in particular, currently face in Croatia and the future perspective.
