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.