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Ilej & Partners Advises Enlight on Acquisition of 525-Megawatt Renewables Portfolio in Croatia

Ilej & Partners Advises Enlight on Acquisition of 525-Megawatt Renewables Portfolio in Croatia

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Ilej & Partners, in cooperation with Karanovic & Partners, has advised Enlight Renewable Energy on the acquisition and joint development of a 525-megawatt renewable energy project portfolio in Croatia.

According to Ilej & Partners, "the portfolio comprises five projects in various stages of development, four of which are solar, totaling 386 megawatts, and a wind project of 139 megawatts."

Israeli company Enlight Renewable Energy is a renewable energy developer and independent power producer with power plants in the US, Europe, and Israel.

The portfolio "will enable Enlight to diversify its activity in Croatia to include significant solar projects, alongside its existing operational high-quality Lukovac wind project," Ilej & Partners informed. "The acquisition also reinforces Enlight’s already strong presence across central and eastern Europe, where the company owns a 1.2-gigawatt portfolio of renewable energy projects between Hungary, Kosovo, Serbia, and Croatia, including 316 megawatts of operational projects."

The Ilej & Partners team included Partners Iva Tokic Culjak and Ivana Sverak and Associate Antun Skansi.

Editor's Note: After this article was published, the Marohnic Tomek & Gjoic Law Firm announced it had advised the sellers. The firm's team included Partner Tena Tomek and Senior Associate Ivona Zagajski.

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Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

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