Senior Associate

Péter Deák

Languages

Hungarian
English

Social media

Péter is a senior associate in the Energy, Projects & Construction team at CMS Budapest with specific focus on the energy sector.

Péter joined the CMS Budapest office in 2011 after graduating from the University of Szeged.

He has conducted and led several due diligence exercises and has in-depth experience in the energy sector.

Furthermore, Péter has great routine in the review and drafting of general commercial agreements and preparing memoranda on various regulatory matters. He has worked on a range of public procurement projects and has acted in proceedings before the Public Procurement Arbitration Board and the courts.

Peter has been seconded to various international companies, where he provided day-to-day legal advice in all projects of the companies and worked closely with local businesses and the company headquarters’ legal departments.

Awards & Recognitions

01 –

Quote

"Very reliable partners throughout our projects in Hungary."

Legal 500, 2022

Relevant experience

EDPR on the preparation of vendor due diligence reports on contemplated solar power plant projects in Hungary. The task covered 2 operational projects, 4 projects at varied development stages and 9 early-stage projects with separate interconnection points to the grid.
Green Source GmbH on the acquisition of multiple PV projects in several locations in Hungary, which deal was the then biggest photovoltaic acquisitions in the Hungarian market (aggregate capacity 71 MW). On the development of a 49.95 MW photovoltaic (PV) project with a 116 MWh BESS in Hungary.
Enlight Renewable Energy on advising this listed Israeli developer on development and operations of a Hungarian solar portfolio over 150 MW, including EPC negotiations, construction trustee arrangements, ancillary contracts and regulatory engagement; currently integrating BESS across the portfolio.
Electron Holding on support of integrated energy operations across solar and wind development, construction, O&M, trading, on-/off site PPAs and system level services; advised on multiple project developments (including BESS) and PPA execution. Contribution to securing project financing for a solar development.
Engie, EDF Trading and Trafigura on procurement of various trading licences for group entities, management of licence withdrawals, handling day-to-day regulatory matters and drafted/submitted annual filings to the Regulatory Authority (HEPURA).
Howmet on leading complex annual gas and power procurement (several hundred thousand MWh of each), coordinating on‑site gas forwarding and private network supply to large industrial users and benchmarking full terms and conditions of leading Hungarian traders.
Renalfa IPP GmbH on delivering borrower due diligence for projects in Hungary, Bulgaria, Romania and North Macedonia in coordination with CMS CEE offices, managing significant deliverables and cross border workflows.
Major foreign bank on regulatory aspects of a gas repo transaction.
UPC Hungary and Samsung Electronics on the support of the in‑house legal team during a long‑term on‑site secondment (20 hours/week, September 2014–September 2018 and October-December 2015).
Roche Hungary on provision of daily commercial and public procurement support, drafting/reviewing service and mandate agreements, representing the client before the Public Procurement Arbitration Board and courts with consecutive wins (D.206/2020., D.70/2021.), and managing all public procurement procedures for 18 months, supporting 30–40 successful deals.

Memberships & Roles

Budapest Bar Association

Education

LLM in energy law and natural resources, Károli Gáspár University of the Reformed Church, Hungary
Postgraduate Diploma in Public Procurement Management, Corvinus University of Budapest, Hungary
2011 – Doctor of Law (University of Szeged, Faculty of Law, Hungary)
2011 – American Legal Experts’ Training (University of Szeged, Faculty of Law, Hungary - University of Toledo, OH, USA)

sectors

Energy & Climate Change Infrastructure & Projects

Insights

Global Reach