Varinia Radu is the Deputy Head of CEE Energy Projects and Construction Practice Group, Head of Energy and Projects in Romania and Head of Oil & Gas in CEE. Based in Bucharest, Varinia has twenty years’ international experience and her practice focuses on the electricity, oil & gas and mineral resources sectors.
Varinia is a market leader in the renewables sector in Romania, advising on some of the largest and most innovative energy deals in the market in recent years.
Recently she was involved in the drafting of a number of important legislative initiatives in the energy sector (such as transposition of the Fourth Energy Package for the electricity market, drafting the Contracts for Difference (CfDs) support scheme for low carbon technologies). Varinia has been active in the Romanian energy market through the beginning of market liberalisation and the establishing of a new regulatory framework in preparation for Romania joining the EU (early 2000s).
Varinia advises on all aspects of electricity power generation and climate change sector, particularly in the renewables sector, including decarbonisation and climate risk, energy regulatory, licensing and compliance, energy M&A / finance / disputes, ESG projects, energy storage, EVs, hydrogen and e-Mobility, offshore and onshore wind projects, EPC projects, joint-ventures etc. She extensive expertise on petroleum and mining concessions, development of mature oil and gas assets in Romania, farm-out agreements, M&A financing transactions, tax, procurement, environment, disputes and competition related to the energy and oil and gas business.
During her career, she coordinated various top-notch oil & gas deals and assisted clients in successful applications in public bids for over 20 oil and gas concessions in Romania. Varinia has advised more than half of the active license holders on the market, as well as successfully advising the largest onshore M&A deals in the market. Varinia also contributed to the set up and development of key industry associations such as the Romanian Petroleum Exploration and Production Companies Association, where she serves as a board member.