On 1 October 2014 a draft law (“Draft Law“) supplementing the Law No. 220/2008 establishing the aid scheme for the generation of electricity from renewable energy sources (“Law No. 220/2008“) and the Government Emergency Ordinance No. 88/2011 which amended and supplemented…
Upcoming transposition of the new EU Concessions Directive – a possible solution to unlocking Romania’s major projects
Due to Romania’s commitments to international financiers and the strict Maastricht criteria, many major projects (in particular, related to transport, energy or to social infrastructure) cannot obtain “classic” Romanian state funding and alternative financing structures need to be utilized…