Power Purchase Agreements
The value of an offtake agreement depends on price, volume, delivery obligations and how exceptional events are allocated. We draft and negotiate PPAs for generators, offtakers and lenders.
Updated 28 October 2026 · General information, not legal advice
What the work covers
Corporate PPAs
Physical and virtual PPAs with industrial and commercial buyers.
Utility PPAs
Agreements with suppliers and traders, including EFET-based terms.
Bankability
Credit support, change in law, termination payments and lender direct agreements.
Support schemes
Interaction with contracts for difference and guarantees of origin.
- Balancing. Who bears balancing costs and imbalance risk changes the effective price.
- Credit. The offtaker's credit quality drives financing terms.
- Market rules. Bilateral contracts must comply with the electricity market rules set by law and ANRE.
- PPA term sheet
- PPA draft or mark-up
- Bankability review
Are bilateral PPAs allowed in Romania?
Yes. Bilateral negotiated contracts for electricity have been allowed since amendments to Law 123/2012, subject to market rules.
What is a virtual PPA?
A financial contract that settles the difference between an agreed price and the market price, while the physical power is sold on the market.
Tell us the decision you need to make
Describe the transaction or regulatory issue, the Romanian assets involved and your timetable.
Consultation