Partner

Péter Simon

Head of Energy, Projects and Construction

Languages

Hungarian
English

Péter Simon is a partner at CMS’s Budapest Office, heading the Energy, Projects and Construction practice in Hungary.

Péter has worked on various energy, infrastructure, industrial and other construction projects including the development and acquisition of power plants, petrochemical manufacturing units, and international gas transmission pipelines. Péter has negotiated several long-term electricity, gas and heat supply and off-take agreements. Péter has also worked on several projects advising clients on the development of the strategic storage of natural gas in Hungary. He has advised major global energy companies on the acquisition and development of both conventional and renewable energy projects.

Péter is recommended by Legal 500 and Chambers and Partners in the Energy & Projects practice discipline. The Energy, Projects & Construction team is top-ranked both in Legal500 and Chambers and Partners.

Awards & Recognitions

01 –

Quote

"Very reliable partners throughout our projects in Hungary."

Legal 500, 2022
Quote

"He is someone I value a lot."

Chambers Europe 2022

Relevant experience

Green Source on the acquisition of multiple SPVs and PV projects in several locations in Hungary, one of the largest photovoltaic acquisitions in the Hungarian market.
Enlight Renewable Energy on the acquisition of a company holding a green premium subsidy entitlement (METÁR) of 20 MW as well as on the financing of this acquisition.
A major energy company on the acquisition of solar power plants in Hungary.
A major energy company on the development of various solar plants in the CEE.
MOL Nyrt. (MSZKSZ), the company designated by law for the safety stockpiling of natural gas, on the construction, operation and financing of an underground natural gas reservoir of 1.9 bn cubic meter capacity, the largest of its kind in CEE.
Budapesti Power Plant, a subsidiary of EDF, on the development of two separate CCGT power plants with an installed capacity of 110 MW each and on upgrading its existing generation facilities.
DÉMÁSZ, a Hungarian electricity distribution system operator and a subsidiary of EDF, on energy regulatory and general commercial matters on a day-to-day basis, including representation in the judicial supervision of network usage fees.
Iberdrola Renovables Hungary on the merger of its Hungarian subsidiary and its wind farm project companies with all related regulatory and environmental law support.

Memberships & Roles

Member, Budapest Bar Association

Education

1993 - Doctor of Law, Eötvös Lóránd University, Budapest

Practice Areas

Real Estate

sectors

Energy & Climate Change Infrastructure & Projects

Insights

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Péter Simon

Head of Energy, Projects and Construction

Languages

Relevant experience

Memberships & Roles

Education

Practice Areas

sectors

Insights by Péter

Hungary moves closer to achieving final energy savings target

Hungary’s changes to KÁT/METÁR support scheme rules to benefit industrial...

Hungary extends grid connection long-stop-date for new power plants

Hungarian government caps energy fee price element of electricity prices...