We have been advising FATA SpA,  a Danieli Group company, which is a main contractor in the  development of combined-cycle cogeneration unit EL-TO Zagreb CCPP- a ground breaking project in the heart of Zagreb, developed by HEP, a national power company.

The new El-TO Zagreb CCPP unit, with electrical output of 150 MWe and heat output of 114 MWt is the largest individual investment of HEP in new generation facilities in the last ten years. The project has been funded by the lending from the European Bank for Reconstruction and Development (EBRD) and the commercial bank syndicate and from the European Investment Bank (EIB) with the guarantee of the European Fund for Strategic Investments, the main pillar of the Investment Plan for Europe initiated by the European Commission, also known as the Juncker Plan.

A project is valued for more than 140 mil EUR and our advisory includes, but is not limited to, on negotiating and advising on  various aspects of silver book FIDIC contract and related EPC matters, raising claims, resolving liquidated damages matters, negotiating with various stakeholders in the process etc.

More about the project: HEP grupa – EL-TO Zagreb CCPP).

Photos: Copyright by HEP