The European Union's approach to renewable energy and energy efficiency has significantly evolved over the last decades, resulting in the establishment of a legal framework to support renewable energy projects and ambitious new targets. Initially, the promotion of renewable energy sources and energy efficiency was largely voluntary and non-binding manner, aimed at encouraging Member States to begin addressing these issues. However, it has since developed into a core principle of the EU's policy framework.

25 November 2024 | online

Schoenherr advised TotalEnergies on the acquisition of VSB Group, a Germany-based renewable energy developer and operator of wind farms and photovoltaic power plants. The firm provided legal advice on the Polish and Croatian aspects of the acquisition. Completion of the transaction remains subject to approval by the applicable merger control authorities.

The first CEE Compass Conference, held on 16 May 2024 , marked an inspiring milestone for Schoenherr as we launched our own international conference series. This new annual event is designed to bring together decision-makers and thought leaders from across industries to explore critical trends shaping Central and Eastern Europe (CEE). Every year, we focus on developments that affect businesses around the globe. For the first edition, we have dedicated the event to "going green". The energy in the room was palpable as we delved into key topics driving the region's green transition and sustainability agenda. 

Featuring five compelling panels, the conference kicked off with an exploration of opportunities for going green in CEE and the evolving regulatory landscape for sustainable investments. We examined the investment trends reshaping industries, such as energy transition and decarbonisation, and provided actionable insights into cross-border M&A and foreign direct investments. Sector-specific ESG practices in manufacturing and real estate sparked vibrant discussions, while practical pathways to netzero, including corporate power purchase agreements and renewable energy storage, highlighted innovative solutions. Our panel on sustainable financing addressed the financial mechanisms enabling the green transition, from bankable renewable energy projects to decarbonisation financing strategies. The day concluded with a thought-provoking discussion on dynamic forces, such as digitalisation and greenwashing, shaping our sustainable future. We look forward to hosting this groundbreaking event annually, fostering collaboration and driving meaningful change in the CEE region.