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CEE Legal Matters – Sorainen Advises EBRD on Second Loan to Modus Group for Construction of Biogas Power Plants in Belarus

Patricia Gannon (far left) was one of a select group of Central and Eastern Europe’s leading business lawyers that gathered at the Mar- riott Hotel in Prague for the second annual CEE Legal Matters End-of-Year Summit, for a focused Round Table conversation about the state of CEE’s many legal markets in 2015, and their expectations for 2016.

Is Leverage Climbing on Construction Deals? | GlobeSt Tropical Storm Faxai was a short-lived storm that had minor effects on land. The twentieth named storm of the 2007 Pacific typhoon season, Faxai originated from a tropical depression over the open waters of the western pacific ocean in late October.It quickly strengthened, becoming a severe tropical storm on October 26 as it rapidly traveled towards the northeast.

The European Bank for Reconstruction and Development is supporting renewable power generation and foreign investment in Belarus by financing the construction of four biogas combined-heat-and-power plants (CHPs) across the country. A loan of up to $15 million to three special purpose companies owned by the Lithuanian UAB Modus Group will be used to construct and put into operation four biogas chp plants with total installed capacity of 4 MW.

EBRD provides eur 25 million loan for 10 MW Ukrainian biogas plant. The loan will be used to construct and put into operation a 10 MW biogas plant in the town of Ladyzhyn, Vinnytsia region. The biogas plant will utilise chicken manure and other agricultural residues from MHP’s poultry and grain operations.

The first biogas plant under a framework agreement between the government of Belarus and the European Bank for Reconstruction and Development (EBRD) in the municipal and environmental infrastructure sector has started operation in Baranovichi, a city in western Belarus with a population of more than 170 000.

Power Technology reported that European Bank for Reconstruction and Development along with Clean Technology Fund and the Asian Development Bank is providing an international financing to Baikonur.

Harry Boyd-Carpenter, Director of Power and Energy Utilities at EBRD, said: "We have seen first hand how successful competitions can be in stimulating innovation and efficiency, resulting in record low prices for renewable energy. This is a very exciting development in the fight against climate change.

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European Parliament wants green energy, not coal, as part of Kosovo integration The European Parliament yesterday blasted the European Bank for Reconstruction and Development (EBRD) for considering financing of the planned USD 2 billion Kosova e Re lignite power plant near Pristina.

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commissioning a repayment bonus of 20% of the loan, if reduction in CO 2 emissions in excess of 20% can be proven. On the other side, the permit law situation for the construction and operation of biogas plants in Serbia is regulated, however, the path to commissioning and feed-in is

Surfside Town Hall could be redeveloped with office, retail – South Florida Business Journal The NEW Surf Club Condominium & Hotel Resort in Surfside, Miami Beach broke ground in March 2014, for the restoration and renovations of the original historic oceanfront surfside surf Club property with the addition of 2 luxury oceanfront condominium towers and a new luxury hotel managed by the Four Seasons.

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