Project Finance
Project finance relies on a coherent package of project contracts, cash flows, security and step-in rights. We advise lenders and sponsors on Romanian energy, infrastructure and real estate financings.
Updated 28 October 2026 · General information, not legal advice
What the work covers
Due diligence
Lender diligence on land, permits, grid, offtake and construction contracts.
Finance documents
Facility, intercreditor and hedging documents with Romanian law interfaces.
Security
Mortgages over land rights, plant, shares, receivables and accounts.
Direct agreements
Step-in and cure rights with offtakers, EPC contractors and grid operators.
- Permit transfer. Some permits and licenses cannot be transferred on enforcement, which affects lender step-in.
- Land rights. The project's land rights must be registered and mortgageable.
- Support schemes. CfD and other support contracts have their own assignment rules.
- Lender due diligence report
- Romanian security package
- Legal opinions
Can lenders step in to a Romanian energy project?
Yes, through direct agreements and share security, but licenses and some permits need regulatory action to transfer. Step-in plans should be agreed with the regulator's rules in mind.
Do you issue legal opinions?
Yes, capacity and enforceability opinions on Romanian law matters for financings.
Tell us the decision you need to make
Describe the transaction or regulatory issue, the Romanian assets involved and your timetable.
Consultation