October 2012 - Kristóf Ferenczi, Partner and Head of Kinstellar’s firm-wide Energy practice, gave a presentation at the “Green Energy Investment Forum” in Budapest organised by Hungarian business website Portfolio.hu, which took place on 4 October 2012.
The aim of the conference was to bring together the main participants in Hungary’s green energy sector and to provide a forum to discuss the challenges and opportunities within the sector. Participants included senior representatives from leading energy companies, banks, energy consultants, environmental experts, large energy consumers and government.
Topics of discussion included: global trends on the green energy market; renewable energy investments in CEE; project financing; and innovation & technology. There was also discussion on the challenges facing the further development of the renewables energy sector in Hungary.
In addition to the economic downturn, the lack of comprehensive regulatory framework was cited as one of the main challenges. In his presentation, Kristóf Ferenczi discussed regulatory risks relating to investments in green energy projects in Hungary. He explained how risks of governmental intervention in the sector are not unique to Hungary but can be found across the region, and he stressed the importance of legal guarantees to facilitate investment.
Kinstellar has handled some of Emerging Europe’s most significant renewable energy deals, including the development and financing of wind farms, small-scale hydropower plants and bio-fuel refineries. Kinstellar’s experts have a thorough understanding of the needs of renewable energy investors, including technical and regulatory issues, commercial agreements and incentive programmes.
For more information about Kinstellar’s Energy Practice, please contact Kristóf Ferenczi, Partner, on +36 1 428 4400, or at .