The Act on Promotion of Use of Renewable Sources has created an attractive environment for investments into renewable energy sources, in particular by introducing the obligation to connect the renewable energy source to the network and by stipulating the purchase price mechanism. Preparation of a number of wind and solar energy projects and projects involving biomass and biogas is under way in the Czech Republic. The current project developers are inclined towards selling the entire projects or their parts.

Our team of lawyers in Czech Republic is ready to identify the projects, carry on their due diligence, draft comprehensive transaction documentation, assist in subsequent project completion (use permit proceedings, connection to network) and commissioning (contracts with electricity purchasers).

The CMS Cameron McKenna team has gained extensive energy and corporate experience from across the CEE region and we have a significant track record acting in the energy, projects, renewable energy projects and construction sectors. The Czech team has advised, for example, on drafting of the new Czech energy legislation.