25 October 2021
Živković Samardžić advised Trigal on its investment in five public-private partnership projects focused on urban lighting regeneration in Serbia. Led by Resalta, a regional energy services provider, the projects involve the installation of new LED lights in five municipalities, promising significant savings over the next 13 years.
This energy service company (ESCO) portfolio marks Trigal's latest addition to its infrastructure investments, following similar projects in North Macedonia and Croatia. The ESCO model allows companies to provide energy services without requiring upfront capital from clients.
Trigal is a joint venture between KGAL GmbH & Co. KG and Zavarovalnica Triglav d.d., combining expertise in investment, operations, and asset management to deliver tailored solutions to clients such as insurance companies, pension funds, and family offices. With over EUR 23.2 billion in assets under management, Trigal aims to become the leading real asset investment management platform in the Adriatic region.
Živković Samardžić provided comprehensive legal support to Trigal throughout the deal, including legal due diligence, transaction structuring, drafting and negotiating documentation, and post-closing advisory. Živković Samardžić team was led by partner Sava Pavlović.