Energy & Natural Resources

Unrivalled Expertise on Energy and Environmental Matters

Prica & Partners is one of the oldest and strongest firms in Serbia. We are recognised as a leading energy practice and we handle a wide range of both regulatory and transactional matters. We service some of the largest domestic and international energy companies doing business in our market. From oil, gas, renewables and power companies, to project developers, investors and construction companies, we provide extensive industry knowledge on regulatory, financial and transactional matters. From M&A transactions, financing and commercial contracts, to obtaining licenses and permits and structuring ownership relations, our specialised lawyers have advised clients on every aspect of energy project development and finance.

Our experience ranges from energy project set-up, transactions, energy licensing, to set up of local subsidiaries and reviewing trading agreements. We maintain good professional relationships with the relevant regulatory bodies. We have significant experience advising on the legal aspects of the generation of electricity, its transmission and transportation, as well as trading of both gas and electricity. We have particular expertise in drafting and negotiating complex agreements for the purchase and sale of electricity and gas. As the demand for power generation and its corresponding transmission grows, our team provides cutting-edge advice that sets us apart from other law firms.

Our team worked on the largest acquisition in the Serbian energy sector to date and we are proud to have advised on the first wind power plant construction in Serbia. Our multidisciplinary team is equipped to deal with ancillary matters such as land use, project finance, competition and subsequent disputes.

We are extremely proud to be a member of the ASSOCIATED EUROPEAN ENERGY CONSULTANTS (AEEC), a network of eminent European experts in the field of energy law that serves as a platform for the exchange and sharing of expertise in regional and national markets in the field of energy and utilities.

Environmental Law

Environmental compliance and liability regulations are a significant aspect of any energy-related deal. Our team focuses on the legal aspects relevant to the applicable environmental legislation to ensure that our clients are compliant in their business operations. Our services include assistance with and advice on environmental regulatory matters, compliance, environmental permitting, and liabilities and remediation actions. Our experienced lawyers provide regulatory counselling and actively participate in negotiating environmental contract provisions and conducting due diligence audits in connection with mergers, acquisitions and project financings.

Major Projects

• Advising Gasprom Neft on the acquisition of a majority stake (EUR 400 million deal value) in the incumbent Petroleum Industry of Serbia (NIS), which is the largest M&A transaction in Serbia to date;
• Advising CJR Renewables on the various energy related construction projects including BOP and EPC agreements;
• Advising MET Holding in the acquisition of a wind farm in Serbia;
• Providing Shell Adria, Enel, MET, Uniper, Ayen, Alpiq and other companies from the energy sector with ongoing legal support on daily legal issues.