ENERGY

We advise on negotiation of co-generation plant projects, privatization of thermal energy, energy sales agreements, creation of the Bucharest Power Exchange and related trading platform, wind farm projects, green certificates.

We advised:

• Merrill Lynch Commodities (Europe) re issuance of an electricity trading license, quarterly survey of the electricity and gas trading legislation, registration with various segments of the electricity market;

• DB Energy Commodities, a subsidiary of Deutsche Bank re issuance of an electricity trading license, registration with the various segments of the electricity market;

• Gazprom Marketing & Trading re issuance of an electricity trading license, registration with the various segments of the electricity market, trading of cabon emission certificates;

• Statkraft Markets re renewal of the electricity trading license, various regulatory issues;

• Eoliana, a subsidiary of Alerion Clean Power regardind title and permits for the development of a wind power farm;

• Barclays Capital re issuance of an electricity trading license, power trading in Romania;

• Morgan Stanley & Co International re issuance of an electricity trading license, registration with various segments of the electricity market, power and gas trading;

• CEZ re electricity trading, assignment of electricity contracts, tenders for joint venturing with Romanian state-owned companies for the for the construction and operation of two new power plants;

• Spanish investor re review of the regulatory framework regarding windfarm operations;

• Nord Pool Consulting re creation of the Bucharest Power Exchange and related trading platform;

• EnergieComfort Energie und Gebaudemanagement re privatization of the thermal energy sector of the City of Targu-Mures;

• A consortium of AB Electro - Invest, an ABB subsidiary and Amoco Power re a BOT co-generation plant project, energy sales agreement;

• Amoco Power re acquisition of Grozavesti Power Plant of Bucharest.