Privatisation, projects and energy in Croatia

Šavoric and Partners

Co-led by Boris Šavorić, Nina Radić Kuzik and Mia Lazić, Šavoric and Partners acts for leading energy companies, financing companies, and developers in a range of matters on the purchase and sale of shares in renewable energy companies and supporting investment companies regarding the financing of solar power plants. Šavorić has strong expertise in energy-related transactions, Kuzik regularly advises on joint venture agreements in the energy sector, and Lazić has vast experience acting for both domestic and international clients.

Praxisleiter:

Boris Šavorić; Nina Radić Kuzik; Mia Lazić


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Bardek, Lisac, Mušec, Skoko in association with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH (Austria)

Bardek, Lisac, Mušec, Skoko in association with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH (Austria) acts for banks and renewable energy investors and developers on the legal structuring of renewable energy investments and contractual matters concerning the development of battery storage facilities. Marija Mušec leads the team with strong expertise in project development and transactional due diligence. Mušec is joined by Ana Slovenec, who advises clients on energy regulations and often acts on infrastructure projects. Anamarija Vlašić assists energy companies on entry into the Croatian market.

Praxisleiter:

Marija Mušec


Weitere Kernanwälte:

Ana Slovenec; Anamarija Vlašić


Referenzen

‘The team provides support to my company across multiple disciplines with continuous support and flexibility in addressing requests.‘

‘From initial engagement with Marija Mušec and Ana Slovenec I had the feeling that I’m in contact with professionals with extensive experience in their field. Ana Slovenec especially has been exceptional in managing the alignment of our internal experience and expectations to relevant agreements in alignment with the local laws, guidelines, and practices. This allows us to improve the efficiency of the process while maintaining expectations of our investors.‘

‚The highest professional standards and kindness throughout, and looking forward to continuing the collaboration.‘

Kernmandanten

IQVIA


Metka EGN


Acciona


European Bank for Reconstruction and Development (EBRD)


SIRIUS ETA d.o.o.


Turbovolt


Nidhog ApS


Bioquadrat Energie- und Wassertechnik Holding


LOG Development


Log Expert Ten d.o.o.


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  • Advised SIRIUS ETA d.o.o., a Zagreb-based energy company, on the legal structuring and drafting of contracts to establish easement and building rights for a large-scale solar power plant in Sisak.
  • Advised Metka, a European energy infrastructure contractor, part of a global group specialising in utility-scale solar EPC services, for its operations in Croatia.
  • Advised IQVIA Ltd on the legal structuring and implementation of a EUR 7.4 million project to establish a national network and database for oncology patients in Croatia.

Divjak Topic Bahtijarevic & Krka

Praised for ‘fast communication, punctuality, and deep research’, Divjak Topić Bahtijarević & Krka acts on the full spectrum of energy transactions including energy acquisitions and cross-border sales. Emir Bahtijarević, Mario Krka, and Marina Kovač Krka co-lead the team, and Bahtijarević handles infrastructure projects, while Krka is hailed as a ‘market leader’. Dual-qualified in Germany and Croatia, Krka has strong experience conducting target due diligence in energy M&A transactions.

Praxisleiter:

Emir Bahtijarević; Mario Krka; Marina Kovač Krka


Weitere Kernanwälte:

Jure Marović


Referenzen

‘Seasoned veterans. Top knowledge of the sector, including commercial. Leaders in the market.’

‘Mario Krka is exceptional. Market leader.’

‘Mario Krka, Marina Kovač Krka, and Jure Marović – they have a unique and business friendly approach towards their client.’

Kernmandanten

Aggreko


Partners Group


AXPO


Akuo Energy group


Marlera Golf LD d.o.o.


RC Europe A.S.


RC Samobor Logistics


DDG Group d.o.o.


Riva’s Hotel and Resorts


Talentis Group


Apple Heaven Kft


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Ilej & Partners in cooperation with Karanovic & Partners

Ilej & Partners in cooperation with Karanovic & Partners‘ team specialises in advising clients in the renewable energy sector on the cross-border development of solar projects and energy sector M&A. M&A expert Goran Ilej co-leads the team alongside Ivana Sverak, and Sverak has experience representing domestic and international clients, with a particular focus on the renewable energy sector. They are joined by Iva Tokić Čuljak, who has strong knowledge of regulatory matters.

Praxisleiter:

Goran Ilej; Ivana Sverak


Weitere Kernanwälte:

Boris Dvoršćak; Iva Tokić Čuljak


Referenzen

‘Excellent team, talented, reliable, and responsive.’

‘Mainly collaborating with Goran Ilej and Boris Dvoršćak. Available, very proactive, and pragmatic. Top knowledge on the energy/infrastructure sector.’

‘The team operates in a highly professional manner, and their advice is pragmatic and business-oriented.’

Kernmandanten

Hive Energy


Interenergo


Trina Solar


GEN-I, d.o.o.


European Energy A/S


UniCredit, Intesa, Erste, OTP


Enlight Renewable Energy Ltd.


E.ON Group companies


PEARL Infrastructure Capital


HPL Hotels & Resorts


Kupari Luxury Hotels d.o.o.


Zagreb International Airport


BayWa/ECOwind


Highlight-Mandate


  • Advised mandated lead arrangers in connection with the restructuring of the existing facilities granted for the Istrian Y concession motorway project, in the amount of EUR 1,1 billion.
  • Advising Enlight Renewable Energy Ltd after the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia, across various stages of development, comprised of five projects, four of which are solar and one of which is wind.

KOVACEVIC PRPIC SIMEUNOVIC LLC

KOVAČEVIĆ PRPIĆ SIMEUNOVIĆ LLC‘s team advises on a range of matters consisting of the financing of solar power plants and the development of virtual power plants (VPPs). The privatisation, projects, and energy practice is co-led by Dinka Kovačević and Danijela Simeunović, who have strong expertise in renewable energy and project development, and aviation sector transactions, respectively. Other important members of the team include Martina Prpić, who has experience advising banks on the financing of renewable energy projects, and Tin Aničić, who supports with energy sector acquisitions and target due diligence.

Praxisleiter:

Dinka Kovačević; Danijela Simeunović


Weitere Kernanwälte:

Martina Prpić; Tin Aničić


Kernmandanten

Phoenix Power GmbH


Koer LLC


MET Croatia Energy Trade LLC


European Bank for Reconstruction and Development (EBRD)


E.ON Croatia LLC


Butan plin LLC


E.ON Energy Infrastructure Solutions LLC


World Star Aviation


Aero Capital Solutions, Inc


EBRD


Privenda Banka Zagreb


Banca IMI S.p.A.


Credit Industriel Et Commercial


OTP Bank Plc


OTP bank


Siemens Bank GMBH


Zagrebacka Banka


BBAM Aircraft Leasing & Management


UMB Bank. N.A.


Pulsar Aero Global


Crestone Air Partners, Inc.


Aircastle (Ireland) Limited


Mlin i pekare LLC


Plodinec LLC


Čakovečki mlinovi


Highlight-Mandate


  • Advised KOER LLC on the development and operation of a virtual power plant (VPP).
  • Advised investors on the merger of Mlin i pekare LLC business group and Čakovečki mlinovi, joint-stock company group, both operating in the food industry.
  • Advised the European Bank for Reconstruction and Development (EBRD) on the financing of the Korlat Solar Power.

Madirazza & Partners

With ‘deep expertise in energy, infrastructure, and project development’, the team at Madirazza & Partners routinely handles M&A and project finance transactions relating to energy sector projects. The team has experience advising companies concerning renewable energy assets and acting for shareholders in transactions concerning the mineral resources industry. Josip Madirazza and Marinka Kovacic co-lead the team, and Madirazza acts for borrowers, lenders, and sponsors, while Kovacic handles renewable energy project development matters. Tatjana Radmilović is praised for a ‘meticulous approach’, and advises on joint venture agreements regarding solar power projects.

Praxisleiter:

Josip Madirazza; Marinka Kovačić


Weitere Kernanwälte:

Tatjana Radmilović


Referenzen

‘The team at Madirazza & Partners is highly professional and commercially focused, with deep expertise in energy, infrastructure, and project development. They are proactive, pragmatic, and collaborative, providing practical solutions to complex projects while coordinating effectively with multiple stakeholders. Compared to other firms, they combine technical legal knowledge with a strong understanding of the energy sector, making them a trusted and reliable partner.’

‘Josip Madirazza is recognised for his strategic leadership and guidance on complex energy projects, while Tatjana Radmilović stands out for her meticulous approach, client focus, and ability to manage multi-stakeholder projects efficiently. The wider team is responsive, adaptable, and solution-oriented, consistently delivering high-quality advice that balances legal precision with commercial realities.’

Kernmandanten

DTEK Renewables International B.V.


DRI Croatia d.o.o.


MET Croatia Energy Trade d.o.o.


INA-Industrija Nafte, d.d.


RP Global Austria GmbH


RP Global Austria Zwei GmbH


RP Global Projekti d.o.o.


RP Global Novalja d.o.o.


Kufner Grupa d.d.


wpd europe GmbH


Vjetroelektrana Orlice d.o.o.


Vjetroelektrana Ponikve d.o.o.


Vjetroelektrana Katuni d.o.o.


WPD Adria d.o.o.


Vjetropark Brda Umovi d.o.o.


Maceria Energia d.o.o.


MET Austria Energy Trade GmbH


Highlight-Mandate


  • Advised DTEK Renewables International LLC, a RES developer, on the contemplated acquisition of several renewable energy projects located in Croatia.
  • Advised RP Global Austria Zwei GmbH and RP Global Projekti d.o.o. (members of RP Global group) in relation to a joint venture agreement with publicly listed Professio Energia d.d. in relation to a 266-MWp portfolio of solar projects in Croatia.
  • Advised MACERIA ENERGIA d.o.o., a member of wpd group, with regard to the development of solar power plant in Splitsko-Dalmatinska county under name SE Katuni with planned installed capacity of 30,5 MW.

Wolf Theiss

Wolf Theiss‘ privatisation, projects, and energy practice has vast experience handling matters consisting of cross-border energy acquisitions and regulatory compliance concerning infrastructure projects. The firm is a key port of call for private equity firms and supports energy companies with entry into the Croatian market. Based in Zagreb, Saša Jovičić leads the team with strong expertise in M&A transactions as well as infrastructure and energy projects. Jovičić is joined by Martina Zelić, who regularly handles public procurement projects and cross-border acquisitions.

Praxisleiter:

Saša Jovičić


Weitere Kernanwälte:

Martina Zelić


Kernmandanten

Ardian Holding


Ancala Partners


Vermilion Energy


Adriatic Gate Container Terminal


Axpo


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  • Advised Ardian, a global French private equity firm, on the acquisition of Akuo, the French-based global producer of renewable energy.
  • Advised Ancala Partners, a UK-based investor, on the acquisition of a 5 MW cogeneration biomass power plant in Croatia from renewable energy firm Akuo, which comprises a green energy plant Elektrana Grubišno Polje and the adjacent drying facility Sirocco.
  • Advising Vermilion Exploration, a Croatian subsidiary of the Canada-based publicly traded Vermilion Energy, specialised in the extraction of crude oil, on all aspects of its Croatian operations, including day-to-day matters, industry contracts, corporate, commercial and energy regulatory issues.

Žuric i Partneri in cooperation with Kinstellar

The team at Žuric i Partneri in cooperation with Kinstellar is praised by clients for a ‘proven track record in energy and large-scale project execution’. The team regularly handles the financing of solar power project developments and acquisitions in the energy sector. Duško Žuric, Miroslav Plašćar, and Marija Vuchetich co-lead the team, and Žuric has longstanding experience in the field, while Plašćar has experience acting on projects in the tourism sector. Vuehctich has strong project finance and M&A expertise.

Praxisleiter:

Duško Žurić; Miroslav Plašćar; Marija Vuchetich


Referenzen

‘Žurić i Partneri/Kinstellar’s Privatisation, Projects & Energy practice stands out through its pioneering leadership in national regulatory transitions, a proven track record in energy and large-scale project execution, and a powerful regional platform offering cohesive service delivery. These factors combine to deliver unmatched value to clients operating across Southeast Europe.’

‘Compared to other firms, Duško Žurić and his team combine unparalleled policy influence, sector-specific acumen, and practical delivery capability. Their blend of state-level understanding and legal execution provides a rare strategic advantage. In contrast to global firms without local roots, or boutique teams without governmental experience, they offer both deep local authority and regional reach through Kinstellar’s broader network.‘

Kernmandanten

MVM CEEnergy Croatia d.o.o.


Greenvolt International Power


Tawal


Woodburn Capital Partners


OTP banka d.d.


ID Energy Group


Soltech d.o.o.


Enel Global Trading


SELAN d.o.o.


Green Capital S.A.


Highlight-Mandate


  • Assisted Macquarie Asset Management on the acquisition of a significant minority stake in Best in Parking AG (“Best in Parking”).
  • Advised TAWAL, the integrated ICT infrastructure provider in the Kingdom of Saudi Arabia, on the local law aspects of their successful bid to acquire the tower assets of United Group B.V., consisting of more than 4,800 towers across Bulgaria, Croatia and Slovenia, for EUR 1.2 billion.
  • Advised Greenvolt International Power, on the acquisition of 100% of the share capital of Agro Sunce d.o.o., a developer of 450MW solar power plant project in Croatia.

Duran Law

Based in Zagreb, the privatisation, projects, and energy team at Duran Law is led by Zvonimir Duran, and advises clients on infrastructure projects and renewable energy projects concerning the development of solar power plants. The team is a key contact for public authorities, energy companies, and joint venture companies, having sstrong experience in representing clients in energy sector disputes and energy-related transactions. Duran is joined by Matea Tolić, who often assists with regulatory due diligence and the preparation of transaction documents.

Praxisleiter:

Zvonimir Duran


Weitere Kernanwälte:

Matea Tolić


Kernmandanten

Professio Energia


Monsson Renewables SA


Saraden Group


El Sun Energy Ltd


Elin A.S.


Randli Agrar Kft


Pacific Adria Limited


Asmira Group


Envision Energy Group


Sinlak Holding A.S.


Municipality of Tisno


Landia Ltd


Marconi Engineering Ltd


Highlight-Mandate


  • Advised Monsson Renewables SA on the acquisition and development of a Battery Energy Storage System (BESS) project in Croatia, including transaction structuring, due diligence, regulatory advice, and permitting support.
  • Advised El Sun Energy and assisted through the entire development of the solar power plant with 15 MW of installed capacity in SE of Croatia.
  • Advised Professio Energia concerning energy regulatory matters with a focus on development of BESS system.

BDV Law Firm LLP

BDV Law Firm LLP’s privatisation, projects, and energy team regularly acts for international investors and local developers, and has experience advising on matters concerning wind farms and solar power plants. Based in Zagreb, Laurenz Vuchetich and Tomislav Sadrić co-lead the team, and Vuchetich regularly handles transactional mandates and M&A matters, while Sadrić is experienced in advising on regulatory compliance.

Praxisleiter:

Laurenz Vuchetich; Tomislav Sadrić


Referenzen

‘The BDV energy team consistently demonstrates its experience and pragmatic approach, with a strong understanding of both regulatory requirements and the realities of the sector. They have supported us on a wide range of matters, including cross-border projects, and we greatly value their ability to provide clear, solution-oriented advice.’

‘Laurenz Vuchetich has an outstanding ability to anticipate regulatory and market trends in the energy sector. He combines strong technical knowledge with creativity, often finding innovative solutions that move projects forward. His leadership and big-picture thinking make him a go-to advisor on complex energy matters.‘

‚Tomislav Sadrić stands out for his hands-on approach and strong commitment to clients. He is thorough and practical, but also very approachable, which makes working with him straightforward and effective. His persistence and problem-solving mindset add real value to the team, especially in navigating the complex regulatory environment of the energy sector.’

Kernmandanten

INA-Industrija nafte d.d.


Greenvolt International Power, S.A.


Adris Group PLC


Forte Solar


Star Energy Group Plc


E.ON Plin


Lumiss d.o.o.


Levantada d.o.o.


Siemens Energy d.o.o.


GT Energy UK Limited


Energia Infinita


BLT Enerji


Highlight-Mandate


  • Advising INA – Industrija nafte, d.d. in submitting an offer to Vermilion Croatia Exploration B.V., Netherlands (the Seller) for the acquisition (share deal) of their subsidiary Vermilion Zagreb Exploration d.o.o.
  • Advising Greenvolt International Power, S.A. on the acquisition of 100% of the shares in a project company developing a wind farm, as part of a broader renewable energy platform involving wind, battery energy storage systems (BESS), and solar PV assets.
  • Advising INA – Industrija nafte d.d., on two (2) exploration blocks.

Fabijanic, Mirosevic & Vukovic Law Firm Ltd

With ‘specialised knowledge of the energy sector’, the team at Fabijanic, Mirosevic & Vukovic Law Firm Ltd regularly assists clients with due diligence regarding solar power developments, and supports with the drafting and negotiation of power purchase agreements. Marin Vuković leads the team, with strong knowledge of infrastructure projects and the renewable energy sector. Another important member of the team includes Igor Mirosevic, who has transactional expertise.

Praxisleiter:

Marin Vuković


Weitere Kernanwälte:

Igor Mirošević


Referenzen

‘Igor Mirošević and Marin Vuković are exemplary. They are unobtrusively detailed (including on the background, which is very important to deliver best quality), extremely analytical, they have very deep knowledge under the surface but they know how to explain it pragmatically. Cutting edge solutions. Very good knowledge of the sector.‘

‘Although our collaboration with FMV primarily involves legal matters related to the construction sector, these matters are almost always connected to supporting the implementation of various projects. Over the past year, FMV also assisted us with M&A transactions related to an energy project, where their specialized knowledge of the energy sector proved crucial. This expertise enabled the identification of key risks that ultimately prevented an undesirable acquisition.’

‘Marin Vuković is a lawyer with specific expertise in the construction and energy sectors, and he is the right person to support similar types of projects. His sector-specific knowledge, combined with legal experience, makes him a valuable advisor in complex project and disputes where industry insight is essential.’

Kernmandanten

Acciona Energia Global, S.L.


Acciona Energija d.o.o.


Vjetroelektrana Opor d.o.o.


Vjetroelektrana Jelinak d.o.o.


Solarna Elektrana Promina d.o.o.


Acciona Energija Global Croatia d.o.o.


Nordex Elektrane d.o.o.


Kamgrad d.o.o.


Highlight-Mandate


  • Advised wind energy project companies on several complex EPC and unit price contracts for the construction of wind energy facilities.
  • Advised power producers on two cross-border Power Purchase Agreements for the full electricity output of wind energy projects.
  • Advised power producer on a framework agreement for the sale of Guarantees of Origin (GoOs) generated by multiple renewable energy projects in Croatia.

Hanzekovic & Partners

Hanžeković & Partners’ privatisation, projects, and energy practice is known for its expertise in public-private partnerships (PPPs), which involves the drafting and negotiation of concession agreements. Jasminka Čorda Truhar and Tamara Lachowski co-lead the team, and Truhar specialises in the drafting and negotiating construction contracts, while Lachowski expertly advises on the financing of transport infrastructure projects.

Praxisleiter:

Jasminka Čorda Truhar; Tamara Lachowski


Referenzen

‘What makes them unique is their ability to integrate regulatory, corporate, and finance expertise in a single, coordinated approach. They are highly responsive, pragmatic, and business-focused — always translating complex legal frameworks into actionable solutions.’

‘Jasminka Čorda Truhar stands out for her exceptional command of complex concession and PPP frameworks, strategic thinking, and calm leadership in high-pressure negotiations. She combines technical precision with commercial pragmatism. Overall, the team’s partners and associates are approachable, detail-driven, and consistently deliver results on time — a rare balance of professionalism and genuine client care.’

Kernmandanten

LNG CROATIA LLC


Hrvatske autoceste d.o.o.


Ministry of the Sea, Transport and Infrastructure of the Republic of Croatia


Institut za Patišta d.o.o.


Public Enterprise for State Roads of the Republic of North Macedonia


Highlight-Mandate


  • Advised LNG CROATIA LLC on the preparation of the contract for a public procurement procedure related to the operation and maintenance of the existing FSRU (Floating Storage and Regasification Unit).
  • Advised Public Enterprise for State Roads of the Republic of North Macedonia regarding a €1.2 billion motorway construction project in North Macedonia.

Ostermann Ivancic Attorneys-at-Law LLP

The privatisation, projects, and energy practice at Ostermann Ivančić Attorneys-at-Law LLP is co-led by Mojmir Ostermann and Vjekoslav Ivančić. The team specialises in project financing, and has experience acting for clients in the telecoms, oil and gas, and thermal power sectors. Ostermann has strong knowledge of the telecoms sector, while Ivančić acts for investors on real estate and energy projects.

Praxisleiter:

Mojmir Ostermann; Vjekoslav Ivančić


Kernmandanten

BLT Enreji


Electrip


Epsilon Građenje


GTC Matrix Future


Rijeka Gateway


Telemach


Highlight-Mandate


  • Advising Rijeka Gateway, a company developing a container terminal in the Croatian port of Rijeka.
  • Represented Epsilon Construction against City of Sisak in litigation regarding a PPP aimed at constructing a sports hall in Sisak.
  • Advising GTC on the construction of commercial buildings in the business park Matrix Office Park in Zagreb.

Schoenherr in cooperation with Croatian lawyers

Blending ‘strong local expertise with seamless cross-border capabilities’, the privatisation, projects, and energy team at Schoenherr in cooperation with Croatian lawyers specialises in renewable energy matters. The team assists with regulatory guidance concerning wind projects and advises clients on joint ventures across the energy and technology sectors. Based in Zagreb, Lea Mužić leads the team and has experience advising both developers and financial institutions.

Praxisleiter:

Lea Mužić


Referenzen

‘They provide cutting edge solutions without beating around the bush. You can fully rely on them to deal with your mandates as with their own. Their legal service simply „flows“ elegantly.’

‘Lea Mužić is unobtrusively detailed and extremely analytical. They have very deep knowledge under the surface but they know how to explain it pragmatically. Cutting edge solutions. It is not only about the brand but about the particular team.’

‘Schoenherr’s Croatian team combines strong local expertise with seamless cross-border capabilities across CEE/SEE, making it a go-to choice for complex transactions, regulatory matters, and high-value projects. Clients value the team’s partner-led, pragmatic approach, responsiveness, and commercial insight — particularly in regulated sectors such as energy, privatisation, projects, and infrastructure.‘

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