News and Insights

Pursuant to the Regulation 1227/2011 on wholesale energy market integrity and transparency (REMIT), the Agency for the Cooperation of Energy Regulators (ACER) has the obligation to monitor trading activity in wholesale energy products to detect and prevent trading based on inside information and…

One of the first renewable energy claims filed by an investor against a state as a result of amendments to the incentive framework on the ground that the amendments violate the protection granted to the investor under the Energy Charter Treaty (ECT) has just been decided by an arbitral tribunal in favour of the state…

The Romanian antitrust watchdog – Competition Council ("RCC") has recently issued a press release announcing fines of around EUR 37 million to 11 major players in the energy sector. The parties involved are on the one hand, Hidroelectrica SA, the largest state-owned energy producer…

The Romanian mergers and acquisitions market recorded a strong growth last year, exceeding EUR 3 billion total value from a level of EUR 2.24 billion in 2014. The number of M&A transactions in 2015 was lower than in 2014 (119, as opposed to 131 in 2014) and most of the deals were small and medium size…