Business breakfast event at CMS Vienna to shed light on renewables bankability


Photo: Creativeart on Freepik


September 15, 2023






September 15, 2023





On 20 September 2023, CMS Vienna and the German Eastern Business Association are gathering experts and company representatives for a business breakfast titled Electricity from Renewable Sources: How to Make Projects Bankable?

Governments have set ambitious targets for renewable energy expansion. In addition, the war in Ukraine and the energy crisis have dramatically affected many, unveiling the consequences of fossil fuel dependence.

One would expect a renewable energy project boom. But when taking a closer look, it turns out that things are not that simple. The increase in construction costs is enormous while strong energy price volatility makes it harder to plan investments.

The lack of zoning plans is a substantial obstacle as well, together with the lengthy approval procedures. These factors altered the conditions necessary for the financial viability of renewable energy projects. Therefore, financing models need to be rethought.

The business breakfast will start with a presentation of the legal framework, followed by a panel discussion with a Q&A session

International law firm CMS Vienna and the German Eastern Business Association – Ost-Ausschuss der Deutschen Wirtschaft – are organizing an event on September 20, titled Electricity from Renewable Sources: How to Make Projects Bankable? The business breakfast will gather experts and company representatives to discuss power purchase agreements (PPAs), collateral for financing as well as pitfalls of the permitting process and its costs.

Ost-Ausschuss represents the interests of German companies in 29 countries of Central, Eastern and Southeastern Europe, in the South Caucasus and Central Asia, and promotes economic relations.

The business breakfast will take place at the premises of CMS Vienna in Austria’s capital city. Its experts will provide insight into the legal framework and relevant novelties, after which a panel discussion with a Q&A session will be held.

The panelists are:

  • Jens Böhlmann, Director of Green Transformation, German Eastern Business Association
  • Natascha Blauensteiner, Financial Manager, Ventureal
  • Simeon Sarafow, Country Manager for Poland and Bulgaria, wpd europe GmbH
  • Simona Apostol-Siegl, Director of Specialized Lending CE&EE Project Finance, UniCredit Bank Austria
  • Tomasz Nowosielski, Managing Director, BE Energy GmbH

Legal keynote presentations will be held by Thomas Hamerl, Marlene Wimmer-Nistelberger and Kai Ruckelshausen, partners at CMS Vienna. Attorney Marko Selenic from CMS Vienna will be the moderator.

Companies interested in attending the event can apply here.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles


Decarbonizing Western Balkan power utilities: ambitious but flexible plans, with focus on investments and new technologies

17 May 2024 - Power utilities in the Western Balkans have ambitious goals for 2050, but are flexible in mapping the path because the development of technologies is unpredictable

Banks Serbia receiving lot requests grid connection guarantees Belgrade Energy Forum

Banks in Serbia receiving lot of requests for grid connection guarantees

17 May 2024 - Banks in Serbia are receiving numerous requests for guarantees for renewables requiring grid connection and most investors have firm collateral instruments, according to speakers at Belgrade Energy Forum

statkraft neoen croatia Arnaud Bellange Christophe Desplats-Redier

Statkraft acquires Neoen’s project portfolio in Croatia

17 May 2024 - According to Arnaud Bellanger, Country Manager for Croatia and France at Statkraft, the takeover deal covers about ten projects

Turkey adds 1 3 GW solar power capacity April alone

Turkey adds 1.3 GW in solar power capacity in April alone

17 May 2024 - Photovoltaic capacity in Turkey reached 13.9 GW by the end of last month or a stunning 1.3 GW more than on March 31